Interesting fact about Greek Bailout

In a time of severe austerity and cut backs across Greece, Merkel and Sarkozy are insisting that Greece honour and fulfil certain existing contracts - notably a £3bn French fighter purchase and a £1.5bn German submarine. It’s also worth noting that Greece is inline to upgrade its tank divisions… A total of over 800 German built bad boys. Currently Greece has a significantly bigger defence force than the UK, which is actually deployed to less global locations and conflict zones. It now seems a little less about the ‘success of the Euro’.

03.22.12 @ 07:54 | Permalink