Wednesday, August 21, 2013

Greece makes unwelcome appearance

As it is the German election campaign, the appearance is very unwelcome. Chancellor Merkel who remains favourite to win but it is not clear by how much has tried to keep the subject of Greece out of the campaign. Not so the Finance Minister, Wolfgang Schäuble.

Yesterday he cheerfully announced at an election event in northern Germany that there will have to be another "programme" in Greece. Not that this is exactly a surprise to anyone but the German electorate cannot relish the thought of it.

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