Wednesday, November 02, 2011

Your Banks Must Decide If They Want to Continue Their Journey Without Greece's Money

Time to end the charade.

Speaking after talks between senior European Union leaders and Greek Prime Minister George Papandreou, French President Nicolas Sarkozy told a news conference: "Our Greek friends must decide whether they want to continue the journey with us."

European leaders were angered by Papandreou's surprise unilateral announcement on Monday of a referendum on a bailout deal reached with euro zone leaders at a summit last week.

"Unilateral." Sovereignty is such a quaint concept.