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Merkel wants Greece to default and leave the Eurozone
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 8291597:MV8xNzg0MTYwXzI5NjQzMTIyXzM0RUE5MTlG] [quote:Face Palmer:MV8xNzg0MTYwXzI5NjQyOTQ5XzQzQ0REOTRD] Its the only solution which makes sense. [/quote] Really? It would trigger a CDS cascade. She's acting like a school librarian who wants to kick out the disruptive kids. [/quote]
Original Message
Angela Merkel, German Chancellor, wants Greece to default on its loans and leave the Eurozone according to sources who spoke on condition of anonymity because the proposal is still being negotiated at the ECB/IMF/EU level for implementation.
The information obtained about how to push out Greece was confirmed yesterday by a reliable source at the Deutsche Bundesbank.
Germany proposed a plan to force the Greek Parliament to surrender its financial and budget decision making rights to a new commission under the auspices of the EU and led by Germany two weeks ago as reported by the Financial Times.
[
link to www.examiner.com
]
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