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No small thanks to Germany. First the German companies bribed corrupt Greeks to approve useless submarines and tanks (which didn't even work), and then Germany blackmailed Greece by making the many billion euro purchase of new subs a prerequisite of the bailout. Talk about German hyocrisy.

Then Germany freaked out when France announced it was selling jetfighters to Greece at a cut-rate cost (thereby muscling out German companies trying to earn a profit) with German money!!! Hilarious!

by Upstate NY on Tue Feb 14th, 2012 at 05:38:08 PM EST
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and then Germany blackmailed Greece by making the many billion euro purchase of new subs a prerequisite of the bailout.

A brazen lie.

by IM on Sat Feb 18th, 2012 at 10:28:34 AM EST
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No, that is a matter of public record.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Feb 18th, 2012 at 10:49:42 AM EST
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Bit of cours ethere is nothign, absolutely nothing about any defense contracts being part of the bail-out in there.

So it is a brazen lie.

That:

>The second boat, Pipinos, was officially launched in February 2007 and is at present going through Greek harbour acceptance trials in Piraeus.

On September 21, 2009 TKMS announced that the contract with the Greek Navy for all four submarines had been cancelled due to country's arrears of more than 520 million Euros. TKMS is now seeking arbitration to resolve the matter.[21][22]

On October 27, 2009 the Greek Ministry of Defence officially confirmed that they intend accepting the three boats built in Greece. The first-of-class boat built in Kiel will not be accepted, and will be offered for sale. Proceeds from the sale will be used to pay the debt to TKMS>

also shows that the squabbling about the quality of the submarines is rather pre crisis. And that th reamining orders are about submarines built in Greece.

by IM on Sun Feb 19th, 2012 at 04:32:14 PM EST
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