Fourth Reich in Italian for the newspaper Il Giornale typical way the tide of the media empire of Silvio Berlusconi, who has comments from ECB chief Mario Draghi to save the € commented. "Hail Angela," it says on the front page under a photo. It shows German Chancellor Angela Merkel as she raises her right hand. "The 'no' and Germany's Merkel makes us go and Europe to its knees," said Il Giornale . And the editorial says: "The winner was Germany, Italy lost, Europe, the euro have." Italy lies not in Europe but in the Fourth Reich. Draghi Merkel will have to bow must therefore belong to the losers. Italy - and Spain - are suffering are suffering acutely from the fact that both countries must pay for their bonds very high interest rates. Madrid and Rome had hoped that the ECB is buying massive Spanish and Italian government bonds and thereby lower the interest rate would be. Draghi was disappointed these expectations, however, and on Thursday announced that a request for assistance was of the countries in the EU rescue fund is a prerequisite for intervention by the ECB.
Posts
No comments:
Post a Comment