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Home | World | Germany Agrees to Bailout Greece Once a Year For the Next Eighty Years Germany Agrees to Bailout Greece Once a Y

FRANKFURT - Germany - There were cheers in Athens as the news filtered through today that German finance minister Wolfgang Schauble had agreed to a 20 billion euro payout per annum for Greece for the next eighty years.

"We realise they refuse to pay back the money they owe every time we ask so today I have committed the German taxpayers to bail out the Greeks on a yearly basis for the next eighty years. This way the Greeks can keep their way of life and carry on with not paying any taxation or servicing the debt they owe us. This is a required action unfortunately otherwise the EU and euro would be in trouble," Mr Schauble told German news crews at an impromptu news conference today.

As soon as the news came through about the jackpot deal, people took to the streets all over Greece cheering their German benefactors.

"This is a glorious day. It means I can keep my porsche boxter which I bought purely from the proceeds of EU subsidies. I have never paid an ounce of tax and I enjoy my 75,000 euro salary for cleaning park benches twice a week. I think I'll be off to the coast for another four month holiday to celebrate," Nikos Makalarios, 43, told local Greek news stations.

Another Greek said: "It's not enough. We want more."


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Awesome satire

Thanks for the smile ^_^ But clearly this journalist didn't complete his research, not getting the German taxpayer's side of the story. Though, clearly, this is a case of propaganda, so of course they wouldn't include the German people's reaction ^_^

"Moderation in temper is always a virtue; but moderation in principle is always a vice." -- Thomas Paine

Who is paying whom? Who is kidding whom? Merry-Go-Round?

European Web of Debt: Greece (smallest debt), Portugal, Ireland, Spain, Italy € 1.4 trillion(largest debt on chart). Who could possibly be larger debtors in Europe than these hopelessly indebted nations?

  • #2 France € 1.8 trillion
  • #1 Germany € 2.2 trillion

How much would a debtor debit, if a debtor could debit debt?

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Good info graphic


For Freedom!
The World is my country, all mankind is my brethren, to do good is my religion.

Garan's picture

Good Limerick. (Here's a suggestion)

How much debt would debtor debit, if a debtor could debit debt?

Yet again a small hopelessly indebted European nation...

... is gifted promissory notes by a large hopelessly indebted European nation.

Why does Germany pretend to be assisting Greece pay Greek debt? Does not Germany already have the largest national debt of all European nations? Why does France not pretend even more?

English to German translation:
Warum täuscht Deutschland vor, Griechenland-Lohn Griecheschuld zu unterstützen? Nicht hat Deutschland bereits die größte Staatsverschuldung aller europäischen Nationen?

English to Greek translation:
Γιατί η Γερμανία διατείνεται πως να βοηθούν στην Ελλάδα πληρώνουν οι Έλληνες χρέους; Δεν τη Γερμανία έχουν ήδη το μεγαλύτερο εθνικό χρέος όλων των ευρωπαϊκών εθνών;

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul