Europe ready to help debt-hit Greece 'if necessary': Sarkozy

[tedkanode123]

great clip .. keep it up thanks

[v19d]

Guess what the USA will not bailout the Greeks or Euro Zone or any other country.

[lolo2659]

France will contribute 20.7 percent of the total or €16.8 billion over three years.

Chancellor Angela Merkel's Cabinet approved legislation on Monday that would give Greece €22.4 billion ($29.6 billion) over three years......

[miptopcat]

Unfortunately, the EU is not sustainable. There are huge (cultural) gaps between the nations, especially between the North and the South. These gaps can challenge the relationships between the nations. The Germans have forgotten that the reunification of their country was subsidised by the rest of Europe. It seems that their "long working hours" affect their memory. In addition, they fotrget that their intra-EU exports have been mainly subsidised by the "PIGS" countries.

[murk2002]

It's very unfortunate you lack reason or reality when it comes to the Greece situation. To begin with it's a known fact Greece lied to get into the EU and they covered their financial crisis by tricky math from Goldman Sachs. In other words for such a small country/economy to spend like they did under the cover of the EU is digusting. Now they have no choice but to cut public spending and hopefully the spoiled Greeks understand this is a result of their greed.

[miptopcat]

Dear murk2002,

What I was trying to say is that the over-spending of countries like Greece, Spain and Portugal helped the German intra-EU exports and the German economy. If these countries stop spending immediately, it will affect the German exports and therefore German jobs. It doesn't matter if you produce the best products, if there is nobody to buy them. It's common sense, for God's sake.

[Apokorwnioths1984]

Your approach is very accurate, although tragic irony is that the "long working hours" of Germans compared to the rest is a myth promoted by mumbo jumbo germanic media who need a scapegoat to blame. Germans even though they don't work more than others as they believe, they don't have so much free time to use their brain

Greek work force has the SECOND most annual work hours by average (2120 hours), and is being surpassed only by S. Koreans (OECD stats). German work force works 1432 hours

[agnostosxxxx]

the germans asked the greeks to give them their land,the frenche fight the profiteers and construct a European Financial Organization to protect E.U. countries from being blackmailed and being used under double standards ways.

Way to go Sarkozy!!!!

[EuroAgenda]

I knew Super Sarko would sort this mess out! Vive la France!

[Bigbud61]

Proof that, once again, socialism crumbles under its debts. Spain is the next country to collapse under its debt load.

[humaner]

Proof that capitalism and greed is not sustainable.

[Bigbud61]

@humaner - Greece is a socialist country, 70% of the population work for the state and they receive 14 months pay for 12 months of work. Besides, socialism needs capitalism, because socialists tax the rich to survive. Socialism without capitalism is communism. So Greece is proof that socialism and a greedy socialist workforce is not sustainable. Spain, Portugal, Italy, Ireland and Japan are the next socialist countries that will collapse under their debt load.

[dimitrisgala]

@Bigbud61 thats not right my friend.i am greek and i know that very well.the goverments we had for the last 20 years was not always socialist but beside this our politicians was eating puplic money for years thanks to a law we have here that says that every political mistake is not considerable so they dont even go to jail or anything else for punisment and they are free to do whatever they want.and sorry about my english

[murk2002]

Dear prime minister,

Germany people work until they are 67 and there is no 14th-month salary for civil servants. Here, nobody needs to pay a €1,000 bribe to get a hospital bed in time.

Our petrol stations have cash registers, taxi drivers give receipts and farmers don't swindle EU subsidies with millions of non-existent olive trees. Germany also has high debts but we can settle them. That's because we get up early and work all day. Germany has given your country €50bn.

[mackjeez]

Dear Mr murk2002

Unfortunately you know little about economic structure, Germany has stability therefore can sustain a higher ground in its economic structure, with over a trillion and a half dollars to invest and build its obviously a more balanced country in comparison to Greece with only 130 billion dollars therefore hospitals, public service etc.. will fair much better. Germany can easily loan money to Greece but wants its islands, I call that blackmail.

[miptopcat]

Yes, I agree with you. It was shocking to hear that, although it can't be taken extremely seriously, as it was published in the Bild (the equivalent of the Daily Sport in the UK). Unfortunately, the Germans forget ("due to the long working hours") that their "motivation" to "aqcuire" other lands cost them a few million lives 70 years ago. Of course, now they want to do it with money and not with arms, but...

[scorpien133]

@mackjeez yeah considering they did not pay back what they owed after world war 2!!! not only to Greece but other nations! They hightailed it out of there with all the Gold!!! Fucking arrogance!! Pisses me off!!!!

[mackjeez]

@scorpien133

Greece was in shambled prior to world war 2, the economy was private and not aided by any outside source, most of its economic infrastructure(if you can call it that) was from Greek refugees coming in from Turkey(Greeks owned 45% of the Ottoman's Capital), we didn't owe anything to anyone. Please refrain from calling me arrogant when you're the one that's clearly misinformed.