Germany being Germany again

imageimage

Which one is Angela Merkel’s ass? Me, I’m thinking both.

Greeks, being Greeks, think all their fiscal problems can be solved by Windex. Germany, being Germany, has sixteen infantry divisions on the Greek border. Windex is good only for ameliorating pimples on the buttocks.

In her first interview since Syriza won the Greek election last weekend, Angela Merkel has made it clear the debt stands but she hopes they stay in the eurozone.

The far-left party stormed to victory last weekend with 36 per cent of the vote, promising to ditch austerity and renegotiate the country’s £180billion bailout from the European Union, the European Central Bank and the International Monetary Fund – also known as the troika.

Their finance minister Yanis Varoufakis has said this troika of global institutions is “rotten” and has refused to work with them to renegotiate bailout terms.

Syriza is now beginning to roll back on the austerity measures imposed by the EU on the previous administration in exchange for the loans.

However this morning the German Chancellor said that while Europe will continue to show solidarity with Greece and other nations hit by Europe’s debt crisis, the debts must be repaid in full.

Speaking to Hamburger Abendblatt, she said: “I do not envisage fresh debt cancellation.

“There has already been voluntary debt forgiveness by private creditors, banks have already slashed billions from Greece’s debt.”

I’m good at explaining European politics. I just don’t do it very often.