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Solidarity with Greece will end if the country does not keep its commitments, says Angela...

  • Monday, May 14, 2012, 9:54 AM ET
    Solidarity with Greece will end if the country does not keep its commitments, says Angela Merkel, hitting the wires as she talks about another in a line of stinging election defeats for her party. Greece will "always" stay a member of the EU, she says. "What about EMU," asks ZH.
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This news story has 4 comments:

  •  
    Their is no way out of the consortium. They owe too much money.
    14 May 2012, 10:00 AM Reply Like
  •  
    They could have changed the law on the old bonds. They can't do much about the new 'bailout' bonds.

    They had a way out, now they don't. That was the real goal of the 'bailout'. Making sure bondholders get their piece.
    14 May 2012, 11:01 AM Reply Like
  •  
    Mrs "Tight Wad" may be losing her clout.
    14 May 2012, 10:06 AM Reply Like
  •  
    They owe to much...and their revenues are dropping also...bad mix....so when do they print..that is their only political option.....they could cut expenses...but they would lose their heads..so print it is..
    14 May 2012, 10:40 AM Reply Like
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