8.5 billion euros of Greece’s bonds mature on May 19, 2010. Greece has no money to pay the debt. The Germans, the only country with money in Europe, are very angry with the Greeks.
The Europeans made a mistake taking in Greece into their Union. They were thinking they were admitting Socrates, Leonidas and Aristotles, and they received Papaconstantinous.
Follow Up: The sentiment in the bourses all over the world is worsening and the prices are falling. Just now I too am having something of a negative sentiment towards Greece.
Update: The European Union has to put 30 Billion Euros to save Greece from bankrupcy, with 8.5 Billion coming from Germany. The Germans today are more angry than yesterday, they are furious. There are public protests in Greece because they resist paying more taxes. My sympathies are 100% with the Germans.