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May 11th, 2012 
FAKE NEWS for the Zionist agenda
Time is running out unless Greece can form a new government without elections
in June. At the end of next month there is deadline for Greece’s parliament
to approve a further 11.5 billion euros in cuts in return for EU aid
payments. Without the cash Greece will go bust in July.
Mr Schaeuble’s comments come as international banks begin preparing for Greece
to leave the euro and as pessimistic spring economic forecasts from the
European Commission warned that the EU was in “technical recession”.
Olli Rehn, the EU’s economic and monetary commissioner, yesterday (FRI)
presented grim growth forecasts that had been “substantially revised
downwards” for 2012.
“It will be a long and stony road before the EU economy reaches sustained
growth,” he said. “The situation remains extraordinarily fragile
and the risk of a renewed aggravation of the crisis is still present.”
Hartmut Grossman, of ICS Risk Advisors, who works with banks on America’s Wall
Street, said that financial institutions were ready as the latest Greek
political brought matters “to a little bit of a head”.
“There really has been contingency planning at all of the financial
institutions for that to happen. Greece leaving the euro zone is not a new
idea,” he said.
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