Cyprus-Forum.com

[nilmoney]

German chancellor refuses to rescue Greece's ailing economy amid Berlin's domestic austerity. Angela Merkel, the German chancellor, mounted stiff resistance tonight to any swift bailout of Greece, as a rift opened up between European capitals over how best to tackle the risks posed to the euro.

Despite a show of Franco-German unity on the crisis and the first statement from EU leaders pledging to safeguard the currency's stability, hopes on the markets of a German-led rescue plan to shore up Greece's critical public finances were dashed by Merkel, who repeatedly emphasised that Athens would need to put its own house in order and brushed aside all questions of financial support.

"Germany is stepping totally on the brakes on financial assistance," said a senior EU diplomat. "On legal grounds, on constitutional grounds and on principle." Another senior diplomat said of the Germans: "They're not waving their chequebooks."


Surely the question should be asked should Greece be expelled?

I would say yes

[Malapapa]

What is this doing in the Cyprus problem thread?

[B25]

Pure bitterness and jealousy on the part of the Turks, who think they have one up on Cyprus.

Idiots.

[kurupetos]

nilmonkey!

[Gasman]

Yeah! What IS this doing in the Cyprus problem thread?

[kurupetos]

Yeah! What IS this doing in the Cyprus problem thread?

Some people are desperate.

[Get Real!]

What's this doing in here newbie… don’t you know that the CyProb section is sacred?

[paliometoxo]

germany has been in crisis long before there was a crisis of course they will say no..

[Viewpoint]

They conned their way in and now their rotten economy will be the plague of the EU.

[paliometoxo]

im surprised you have gc friends with such hatred for anything greek or cypriot and such love for turkey and takism.

many other countries are just as bad as greece and worse. spain germany uk to name a few are not doing so well atm.. how did they con their way in? like turkey tried to blackmail their way in with the eu pipelines? or telling eu to forget cyprus? like that?:)