Friday, May 25, 2012

Germany Ups The Ante On Greece

In the never ending game of chicken between Greece and Germany (the Eurozone's paymasters), Germany has just upped the ante by threatening to withhold the next tranche of bailout many.

The "threat" was of course "subtle", as per the use of the phrase "not problematic":


"German finance ministry spokesman says not problematic if the next Greek aid tranche is delayed beyond the end of June"