Stop asking for more help, Germany tells Greece

[mlurp]

Well you play games, threaten those whom you depend on to bail you out and want to set all the _____ rules, well shame on you and the fool of a population that got much more than it deserved and cause so much damage when the truth hit home.

I would have told them good-by long ago, but some how every one of importance thinks that would create a worst problem. So am I the one, or are they who think like this?

Germany has taken a stand but a bit short of what I would have one...

.Stop asking for more help, Germany tells Greece

By Erik Kirschbaum | Reuters – 1 hr 43 mins ago. 24 June 2012 ..........

BERLIN (Reuters) - Greece's new government should stop asking for more help and instead move quickly to enact reform measures agreed to in return for previous bailouts from its European partners, German Finance Minister Wolfgang Schaeuble said on Sunday.

Schaeuble told Bild am Sonntag in unusually blunt language that Greece has forfeited much of Europe's trust during the sovereign debt crisis, as reflected in an opinion poll covering the euro zone's four biggest nations and published in the paper.

"The most important task facing new prime minister (Antonis) Samaras is to enact the program agreed upon quickly and without further delay instead of asking how much more others can do for Greece," said Schaeuble, a close ally of Chancellor Angela Merkel and Europe's most powerful finance minister.

Greece's new three-party coalition government said on Thursday it would renegotiate the terms of the 130-billion-euro bailout deal that is helping the country avoid bankruptcy.

The coalition's platform particularly challenges euro zone paymaster Germany, which has offered to adjust the lifeline's terms to make up for time lost as a result of two Greek elections since May, but refuses to revise it radically.

Greece wants a two-year extension to the 2014 deadline for it to cut its budget deficit to 2.1 percent of national economic output, from 9.3 percent in 2011. The extension would require an extra 16 to 20 billion euros in foreign funding.

European Council President Herman Van Rompuy also poured cold water on the idea in an interview with German newspaper Welt am Sonntag: "One has to keep in mind that more flexibility as far as the timeframe is concerned also means more financial efforts will be needed by members."

"The problem is: if the goals of Greece or other nations covered by the bailout are postponed, then they will need more loans. And that evidently is causing problems for some member states," Van Rompuy said.

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Stop asking for more help, Germany tells Greece - Yahoo! News

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