Faced with mounting criticism from other EU leaders over the disastrous handling of their economy over the last decade, the Greek deputy prime minister lashed out.
Apparently German leaders aren’t allowed to criticize Greek leaders because… well…um… Nazis!
Mr Pangalos … said Germany should not criticise Athens because it had wrecked the Greek economy and slaughtered thousands during the Nazi occupation.
“They took away the gold that was in the Bank of Greece, they took away Greek money, and they never gave it back. This is an issue that has to be faced sometime in the future,” he added.
He also declared that the standard of leadership in other EU countries was “very poor indeed” and nothing compared to the greats of Margret Thatcher and other 80s luminaries, which is very rich from a country that has mismanaged its economy to almost breaking point.
The Greek Prime Minister also seems to think that the other EU leaders are stupid, as he tried to convince them that Greece isn’t looking for financial help, only political. He wants the EU to help Greece get loans at the same favourable rates that Germany gets.
But Greece has a terrible credit rating because everyone thinks they are going to default on their debts. Germany has a good credit rating because everyone knows they will pay. Getting loans at Germany’s credit rating can only work if Germany guarantees to pay Greece’s debts should they default… which given the state of Greece’s economy is significant financial support.