Wednesday, May 09, 2012

Angela Merkel over reacted to the Greek elections.

She stated Greece has to live up to their obligations under austerity loans.


The Greek government wasn't overthrown, there is only a new President.


This means the new President can prioritize the financial structure within the country under the loan provisions. I do believe the loan agreement was voted on by a legislative body not just signed by the President.


By Maria Petrakis and Natalie Weeks on May 07, 2012

New Democracy leader (click here) Antonis Samaras began trying to put together a government after a Greek election that raised fresh questions about the country’s euro membership and triggered the biggest stock-market drop in six months.
Samaras was given three days from today to put together a coalition from an assembly split down the middle on whether to renege on the terms of bailout agreements negotiated since May 2010....
Honestly.  She acts as though there was an invasion.