Why Germany is bailing out Greece

Have you ever wondered why Germany, Europe’s economic powerhouse, is contributing so much money to help Greece when even Greeks themselves are not contributing much more than going on strike, setting banks on fire and blaming Germany?

The following photo of German Finance Minister Wolfgang Schäuble reveals how this came about.

German Finance Minister Wolfang Schäuble during a debate about financial aid for Greece in the Bundestag on 27 February 2012

Stuck in a particularly tricky Sudoku puzzle, Wolfgang Schäuble thought:

Damn it! This bloody Sudoku is too hard.

Let me find something easier to work on, for a change.

Ahhh, the Euro zone debt crisis and Greece’s insolvency! Yes, that’s it.

I’ll get back to this Sudoku after saving Greece.

And so it happened.

The Greek Finance Minister Evangelos Venizelos immediately had an open hand for his German counterpart.

“Thanks, man. Not a moment too soon.”

About Andreas Moser

Travelling the world and writing about it. I have degrees in law and philosophy, but I'd much rather be a journalist, a spy or a hobo.
This entry was posted in Economics, Europe, Germany, Greece, Politics. Bookmark the permalink.

6 Responses to Why Germany is bailing out Greece

  1. Lillian Smith says:

    Andreas, a very funny post but hardly the truth. The IMF has been running this scam for a long time with third world countries and even in Argentina. Now they have decided to take Europe down. Germany is just a servant. The ECB, like its counterpart the Federal Reserve in the USA just create money out of thin air then lend it out at interest. Along with the inflation that this will create and the austerity measures that the IMF imposes to those that receive its loans (the interest alone on these loans will ensure that there is never a chance that a country can every regain its sovereignty or get out of debt) will make countries open to fire-sales of their resources and assets to private foreign corporations, who like vultures are already waiting in the wings and reduce most of the population to a life of poverty.

  2. John Erickson says:

    I just figured Germany got tired of trying to conquer Greece militarily, so they figured they’d buy it as a foreclosure property.
    (I’M KIDDING! :D )

  3. firefly says:

    And here is why greeks don’t want any bailout: Save us no more!

  4. Pingback: Football Germany vs. Greece | The Happy Hermit

  5. Why does anyone want to help Greece when it doesn’t want help? More than that, if you wish to spend more than you produce there is nothing to be done. Selling off assets help in the short run but are soon exhausted. Let Greece rise or fall on its own. One option might be for Greece to become a state of the German Federation! There’s a thought. Germany would adopt Greece as a spendthrift child who needs discipline. .

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