Thursday, June 16, 2011

'The Greek Situation Has Reached a Dead End'















A crumbling government, protests on the streets of Athens and ongoing European disagreement on another bailout package: Greece's debt crisis is on the verge of spiralling out of control. German commentators say that the country's politicians have failed their people.



When it comes to the troubles facing the European common currency, optimism has been the name of the game. Politicians from capitals across the Continent have repeatedly insisted that the euro will be just fine and that Greece, facing the severest of European debt crises, will pull through.






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Spiegel