German bullying of Greece continues

PORTRAIT-OIL-PAINTING-ON-CANVAS-font-b-KAISER-b-font-font-b-WILHELM-b-font-IIGreece submitted new reform proposals to EU today. These apparently include budget surpluses, tax increases, and phasing out some pension benefits. The German reaction?

“Bundesbank Chief Jens Weidmann, meanwhile, said that central banks have no mandate to safeguard the solvency of banks or governments, and stressed that emergency liquidity to Greece should not be increased.”

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I’m beginning to understand why so many generations of Europeans despised Germans.

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