given Greek failure to meet many of the targets set out for it over the past year. The Guardian reports that there could be a crisis meeting of Greek party leaders tomorrow in an attempt to find consensus to support the austerity measures demanded by the EU and IMF.

Bild reports that around 40 MPs from the CDU, CSU and FDP coalition could rebel against the second Greek bailout, meaning that the government may only win a narrow majority. Rheinische Post reports that CSU General Secretary Alexander Dobrindt has called for Greece to voluntarily leave the eurozone if “it is unable to summon the necessary will to implement the inevitable financial restructuring programme.”

Portuguese bond yields fell yesterday after a relentless rise over the past few weeks thanks to ECB interventions in the market. Meanwhile, eurozone unemployment remained at record highs in December, although the individual country data highlighted continuing divergences with German unemployment reaching the lowest levels since reunification, while Portugal and Greece saw joblessness reach record levels.

German Chancellor Angela Merkel leaves today on a state visit to China, where among others, she will again try to solicit Chinese investment in the eurozone’s bailout fund, the EFSF, reports FT Deutschland.
FT FT 2 Liberation Times FT 3 CityAM WSJ EUobserver Telegraph Times 2 BBC Irish Times WSJ 2 IHT La Stampa Expansión Irish Independent Guardian Welt Rheinische Post WSJ 3 CityAM 2 Irish Independent 2 FTD Spiegel Süddeutsche FAZ Welt FTD 2 FT Alphaville FTD 3 Ekathimerini

fuck this is bad

we asking those chink cunts to get money

also fucking Greeks ruining everything

fuck them but we need them to go to war against the Turks

Geeeez,.. if the krauts are pissed off about the second bail out, what are they going to be when the third, fourth and fifth bail out come?

Unless greece is forced to turn over its budgetary control, it will never meet with the austerity measures germany is looking for, and the greeks are not going to give up control easily.

In the meantime, all this money spent on bailing out greece is going to eat into the needed funds the IMF and ECB will need to bail out italy,... Hmmm,.. the dominoes just keep lining up!

lol.

europeans are such rodents.

Germany has been busy for decades bailing out her less productive provinces