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Up to 15 years needed to fix Greece: German president

Posted By admin On July 11, 2011 @ 7:53 am In Featured Stories | Comments Disabled

Reuters [1]
July 11, 2011

Greece will need a lot longer to resolve its debt problems than many people in Europe are now acknowledging, German President Christian Wulff said in an interview to be aired on Sunday.

Wulff, a former leader in Chancellor Angela Merkel’s conservative Christian Democrats and now Germany’s ceremonial head of state, told ZDF television that there was a need for “an overall concept” for resolving Europe’s debt crisis.

“It can’t be something that will suffice for a three month period but rather has to offer solutions to the problem that to cover the next 10 to 15 years,” Wulff said.

“And Greece will need a lot more time period than one in Europe is currently willing to acknowledge,” said Wulff, whose office carries only limited executive power.

Full article here [1]

Up to 15 years needed to fix Greece: German president  150709banner2 [2]

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URLs in this post:

[1] Reuters: http://www.reuters.com/article/2011/07/10/us-eurozone-germany-wulff-idUSTRE7691XR20110710

[2] Image: http://www.prisonplanet.tv/

[3] Stock up with Fresh Food that lasts with eFoodsDirect (AD): http://www.efoodsdirect.com/

[4] U.S. Will be Like Greece in ‘Seven to 10 Years,’ Say Congressmen, Experts: http://www.prisonplanet.com/u-s-will-be-like-greece-in-%e2%80%98seven-to-10-years%e2%80%99-say-congressmen-experts.html

[5] Greece Kicks The Can For The Third Time – SocGen’s Take: “More Will Be Needed”: http://www.prisonplanet.com/greece-kicks-the-can-for-the-third-time-socgens-take-more-will-be-needed.html

[6] German minister raises ‘orderly default’ for Greece: http://www.prisonplanet.com/german-minister-raises-%e2%80%98orderly-default%e2%80%99-for-greece.html

[7] More austerity needed in Greece: EU/IMF: http://www.prisonplanet.com/more-austerity-needed-in-greece-euimf.html

[8] German finance minister: Greece ‘needs austerity programs’: http://www.prisonplanet.com/german-finance-minister-greece-%e2%80%98needs-austerity-programs%e2%80%99.html

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