'We Are Once Again The Schmucks Of Europe!' German Media's Verdict As Anger At Greek Bailout Swells - -The Daily Mail
German anger at the 750billion Euro Greek bailout is swelling as world markets slid after initial excitement at the bailout fizzled.
The headline on the front page of Germany's biggest newspaper, Bild, summed up the national mood, declaring: 'We are once again the schmucks of Europe!'
Meanwhile world stocks and the Euro dropped sharply today as the massive relief rally triggered by the plan to contain Europe's debt crisis fizzled out.
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More News On The Financial Crisis
Winners and Losers of the Greek Financial Crisis -- ABC News
Greece: By The Numbers -- San Francisco Chronicle
Despite E.U. rescue fund, Spain struggles with soured private loans -- Washington Post
Spanish PM makes debt crisis U-turn with emergency cuts -- The Guardian
Spain cuts salaries as EU seeks to curb future crises -- AFP
Senate votes to examine Federal Reserve lending -- AP
Who got Fed money during financial crisis? Senate votes to know. -- Christian Science Monitor
Senate Pushes Fed to Give Up Names -- Wall Street Journal
The Euro in 2010 Feels Like the Ruble in 1998 -- New York Times
In Greek Debt Crisis, Some See Parallels to U.S. -- New York Times
1 comment:
I was a bit surprised to hear a German media guy referring to the Greek mess and using the Yiddish word "Schmuck." How times have changed. My grandmother would have dropped her false teeth.
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