Sunday, May 20, 2012


Greece concerns everyone
There was at least one good thing to come from the summit: the commitment that Greece belongs in the eurozone. The country cannot and must not be left to its own devices. The offer being made to the Greeks is clear. Aid comes with strings attached. Now the Greeks will have the final say.
The election in June will even be interesting for Barack Obama. If the attempt to keep Greece in the eurozone fails, the ensuing recession in Europe could pull down the world economy - and with it the United States. That is the last thing Obama needs right before American voters go to the polls in November. In a globalized world we are all Greeks, Europeans and Americans because we all depend on each other.
Author: Bernd Riegert / sms
Editor: Gregg Benzow                           DW DE

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