January 10, 2013  What the EU have we got ourselves into?  Greek
unemployment has risen to a new record. 56% of 15-24 year olds
are without a job.  Just to help Greece's economically important
tourist industry, there are tales of tourists being held by
Greek police as illegal migrants, and sometimes beaten.
Meanwhile, the bailout for banks in Cyprus is coming into
question among German MPs. Why? Angela Merkel is demanding
assets sales by the government but the Cypriot president opposes
them.  There is also concern that a large slice of any aid deal
could go to Russians who have laundered money through Cyprus.
The Opposition SPD chairman said it was inconceivable that
German taxpayers would "save Cypriot banks whose business model
is based on facilitating tax evasion".  What the EU have we got
ourselves into?  1 comment:  James Higham said...  Interesting
comments from Juncker of late. Question of time.