Categories





The Phaserl






AvatarProducts



TheLibertyMill


German Minister Calls For ‘Plan B’: “Greece Should Pledge Gold, Real Estate For New Loans”

from ZeroHedge:

Bavaria’s 50-year-old finance minister Markus Soeder was previously named by German weekly Der Spiegel as one of the Ten Most Dangerous European Politicians (defined as “every politician who is resorting to cheap populism in order to rack up domestic political points”).

For the Greeks, this may well be true.

During the Greek government-debt crisis, Soeder was among the most vocal in calling for Greece to leave the Eurozone. By 2012, he said in an interview: “Athens must stand as an example that this Eurozone can also show teeth.”

And now, according to an interview with Bild, the CSU politician said that:

…new billions should only flow when Athens implemented all the reforms.

Even then, however, aid should only be given against a pledge “in the form of cash, gold or real estate”.

Soeder added, “We need a plan B.”

One wonders if this was Germany’s end-game all along?

Notably Greek gold reserves stand around EUR4 billion while the supposed ‘cost’ to leaving the EU – according to TARGET2 balances – is around EUR72 billion..

Read More @ ZeroHedge.com

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

1 comment to German Minister Calls For ‘Plan B’: “Greece Should Pledge Gold, Real Estate For New Loans”

  • d

    pledge GOLD ..why ,since we are told daily that gold is NOTHING….yet TPTB want gold as collateral for a loan….I guess the ‘old relic’ is worth something after all….wtf

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>