Tuesday, September 27, 2011

EFSF leverage robs Merkel of her own support.

A test vote ahead of the upcoming decision on the upgraded EFSF deal for the second Greek bailout turned sour for the German Chancellor this evening, read here.

In Greece the vote on the extended property tax was more favourable for trhe Germans, when the Greek Parliament demonstrated its main concern continued to be their own salaries in slavishly following all the EU demands at the expense of the futures and well-being of their citizens.

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