Pages

Sunday, June 7, 2015

Greece needs 'Speech of Hope' from German leader

Greece's finance minister called on German Chancellor Angela Merkel to give his country a "Speech of Hope", to signal Europe was ready to end its demands for austerity, similar to that given to Germany at the end of World War Two. In an entry on his blog on Sunday, Yanis Varoufakis compared Greece's situation with that of post-war Germany, when former U.S. Secretary of State James F. Byrnes travelled to Stuttgart to deliver an historic speech. Greece is running out of cash and unless it quickly receives more aid from its European Union and International Monetary Fund lenders it risks default and a possible exit from the euro zone.


READ THE ORIGINAL POST AT uk.news.yahoo.com