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Tue, 14 Feb 2012 13:02:07 -0800
For a better perspective, we should set the billions in relation to the about 11 million inhabitants of Greece. Per Greek citizen, the first bailout from May 2010 (110 billion Euros) was about 10,000 Euro -- sufficient to pay every Greek the minimum monthly wage of 751 Euro more than 13 times.
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Thu, 16 Feb 2012 10:02:31 -0800
At this point the letter signed by Samaras is irrelevant. Germany is adamant that there won't be approval of a second Greek program before the Greek elections in April, if there is an approval at all.
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