Although the EU budget dominates the British coverage on "Europe", you will be hard put to find much on the issue in the German press. What you will find though is considerable coverage of Greece, although an element of realism is creeping unto the reporting.

Thus says Spiegel, it will decision time for Greece this week, only for the magazine then to concede that it will probably be "just a week of muddling through again".

With that, there is the dawning of the realisation that Germany us going to have to cough up to resolve the crisis. At some point, even the best tricks are not going to help any more. The vague talk of the "other solutions" and the postponement of painful decisions will cease to have any effect.

View full article here

Every country in the EU has a Stupid Party that believes in Fairies and a Dishonest Party that doesn't believe in fairies, but wants to put off telling the truth to hold on to power a little longer, and the electorate are asked to choose between them. Together they hold hands and pretend that this is democracy.

The German Media ??? how about reporting the facts ? I can well imagine the German public's reaction when told that Greece has gone BANKRUPT 5 times since 1800 and has still to pay back the first percentage point of its debts !

Also in the bankrupt sweepstakes:
Spain 7 since 1800 ( 13 times since 1500 )
Portugal 5 since 1800

But then it is so easy to find out, 1 minute on Google.

Mary Ellen Synon seems rather fed up.
Merkel meets Putin: not so easy as meeting a eurozone invertebrate

It seems that little Angela has forgotten already how nasty the Russians can get if you don't play nice according to their rules.


To be fair, it's not all Merkel's doing. There have been willing co-conspirators and collaborators. Many of them looking towards bleak retirement receiving only €6500 a month.

The truth of course is that you cannot going on spending what you have not earnt.

Although Open Europe seems to have deserted the UKExit cause lately, it's just produced a very useful list of EU member states that are considering vetoing the EU's current 2012/20 budget proposals. That's seven (including Britain) threatening a veto, plus another three using similarly sounding words without as yet actually mentioning the "v" word. See:
http://www.openeuropeblo...potential-eu-budget.html

Watchet

Not lately ... there never was a smidgin of difference between the aims and objectives of Open Europe and the European Movement. Its work, therefore, is tainted.

Greece is gonna be a sideshow soon.....the mks are after the big one now........France.

Moody's have just downgraded them from Aaa to Aa1 , Standard and poors have already done so.

With Ubber buffoon Hollande in charge, they have zero chance of solveing their problems.

As for honesty, forget it, were they to be honest, they would have to say all the PIIGS are flat broke many times over, as are France and Belguim and no-one has the money to bail them out and it's all tks to us and our mad currency scheme, the Zero, we have terminally wrecked the EU economy.

In order to safeguard society from us, we should all be banned form public life forever, get a twenty year stretch, have all our assets seized and be left in our underwear on the side of a road going nowhere in mid winter, when we come out.

Well it looks as though Greece will get the bailout after all.

http://www.keeptalkinggr...-greece-in-two-tranches/

I really hoped for a default, how are we ever going to get the economy sorted, fire all the politicians, and start again from scratch if we aren't forced to face reality? Greek politicians are just playing a kind of 'Pass-the-Parcel' trying not to be holding it when the music stops. Nobody wants to be the one to have to call the default.

Incidentally I keep hearing about large deposits of oil being found in the Aegean and the Ionian seas. Is the EU hanging on in case it can get all the debt repaid after all?

EDIT:http://ekathimerini.com/4dcgi/_w_articles_wsite1_1_20/11/2012_470781

On the other hand maybe KTG jumped the gun, Ekathimerini say it's not a done deal after all!
Keep hoping.

Edited by user 20 November 2012 13:26:07(UTC)  | Reason: Possible gun-jumping.

I would if I could decide how to put the concept into a picture