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I should add that this is all moot anyway since both in German papers and the FT article I linked to above, it's pointed out that Germany will profit from the loans.

One area that Greece could legally take German money to fund this woman's hairdye risks is by applying for the $20 billion in EU funds allocated to it for the period of 2007 to 2013, but reports are that Greece is so dysfunctional that it only manages to secure 10% of its allocation, as opposed to 70% in Belgium, 70% of a much larger pie.

by Upstate NY on Tue Apr 13th, 2010 at 12:45:18 PM EST
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