The Watchdog

Keeping citizens in the loop

JANE BURGERMEISTER REPORT:’German economic advisor admits banks getting billions of eurozone bailout money, not Greece, Portugal or Ireland’

German economic advisor admits banks getting billions of eurozone bailout money, not Greece, Portugal or Ireland

Jane Burgermeister | May 13, 2011 at 11:42 am | Categories: Uncategorized | URL: http://wp.me/puNtl-1eb

It was a frank admission, and it came at the end of a report by Der Spiegel, which tried to portray the growing political opposition to the eurozone bailouts as a sign of  “egoism.”

Peter Böfinger, an economic advisor to the German government, said that the Berlin should come clean about the fact that the billions in eurozone bailouts are going primarily to German banks. Read more of this post

Advertisements

May 13, 2011 - Posted by | Internationally significant information, Jane Burgermeister Report

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: