Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I have been perusing some of the Greek related articles this morning and found some pretty funny stuff.


Just as bankers were beginning to hope that Greece had finally ceased to plague their deals, Union Bank of India decided not to go ahead with a deal immediately at the end of its dollar bond roadshow.

Here, Greece is to blame for a bond deal gone bad for an Indian Bank. Now, I know that there is a limited amount of money out there for investment, but the world is pretty big. Surely, the $1.5 billion Greece sold yesterday did not suck all the money out of the world.

Another one:


"Think of it this way: A German worker is being asked to work a little longer to let a Greek civil servant retire a little earlier," says Marc Chandler, senior vice president of Brown Bros. Harriman.

Greece did raise its retirement age for civil servants from 61 to 65. Germans though still retire at 67. Yet, all the money that Germany pays into Europe each year is subject to the same dynamic since not many European countries have a retirement age of 67. Not to mention the fact that either way, a Greek worker is going to collect money for the state, whether they get 12k euro from their gov't employer, or 12k in social security.

But, I wonder if Mr. Chandler had voiced similar opinions about TARP? "Think of it this way: American children will be asked to work harder in the future so that I can keep my well paying job."

Then this one takes the cake: http://www.cnbc.com/id/36461833

I read that Greek hairdressers can retire at age 52 since they work with dangerous chemicals. I figured that it was a joke but I'm told it's for real.

Now, unless hair is part of the Greek civil service, this guy makes little sense. Next we'll hear that Greek dogs live in air-conditioned doghouses. According to cats living in NYC's Battery Park.Mr. Farrell doesn't have a hair dresser, so he must not realize that hair dressers can retire at the age of 51 in any country.

The laughs just keep on coming.

by Upstate NY on Tue Apr 13th, 2010 at 12:10:39 PM EST

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