Thursday 25 February 2010

FOCUS magazine: the cover





The cover and the article may be highly offensive, but the magazine has sold out in Corfu. You can follow part of the story on the magazine's website:

http://www.focus.de/magazin/videos/focus-titel-betrueger-in-der-euro-familie_vid_15672.html

The magazine's cover caption seems to translate as "Swindlers in the Euro-Family" ("Betrueger" means swindlers, frauds, cheats, deceivers).

Greeks are now calling for the return of their gold, seized during World War II.

It's getting heavy.

The Times carried an article on February 26, 2010 ("Markets on slide as Greek disease scares investors"), which quoted Carl Heinz Daube, the managing director of the German debt management office, who said that if Greece defaulted on its debt repayments, it could end the single currency system in Europe. “If a country goes bankrupt, it will be the end [of the eurozone],” he said."

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