Germany is not happy with Grecian attitude
Since the EU has been established with the acceptance of the Euro as the primary financial unit Germany was the country that had to deal with the very poor Grecian economy. The negotiations between these two countries has come under further strain with the government of Greece once again making mention of war reparations and they have also complained about the German financial minister. The complaint has been made by the Grecian ambassador in Berlin. Apparently there have been a lot of comments exchanged between the German financial minister and his Grecian counterpart. The German financial minister has also reminded his counterpart of the agreements which have been signed in February and he has also commented upon the communication skills of his counterpart.
There is no doubt that Germany are concerned about the situation
Germany simply cannot be blamed that they are unhappy about the current situation especially if one takes into account the millions of euros which has been invested into the Grecian economy in order to enable Greece to deal more effectively
with their financial problems. Apparently the German contribution are now €255 million which is a tremendous amount of money and which certainly gives the German government a legitimate platform for criticism where they feel that such criticism are due. Certainly Greece should be able to accept this because they cannot expect other countries to take responsibility for their financial incompetence. It is one thing to accept financial aid but the way in which appreciation are demonstrated is by cooperating with the government that are footing that bill.
This issue will not be quickly resolved
There can be no doubt that Germany are anxious to make some progress in this very serious situation but it seems that Greece lacks the financial expertise or the financial will to effectively deal with the situation. The problem is as long as the economy of Greece is struggling it will continue to be a burden for the other European nations and primarily to Germany. It might be necessary to enter into a new set of negotiations where in more realistic time frames will be discussed which will ensure that the resolving of this issue can proceed in a more realistic fashion. It might be that the German perception regarding the financial condition of Greece is not the same one which is confronting the Grecian financial minister.
Millions of people are drowning in debt
Many people start out reasonably well but somewhere along the road they lose some of their perspective and they start to make financial decisions that are often very detrimental. Many people have the good sense to recognize that they are in deep trouble and that drastic measures are required in order to turn this situation around. Debt consolidation loans are one of the solutions that are available to people. In many circumstances these cash injections might just be able to provide people with new hope and allow them to resolve their debt problems. When a lot of people struggle with their personal financial management the combined financial problems of all that people will eventually have a negative influence upon the national economy of that country. No doubt this is what has happened in Greece and the situation has deteriorated so far that it might take some time to resolve the situation.
The current exchange of hostilities will not resolve the issues
It is understandable that Germany is becoming frustrated with the Grecian attitude. On the other hand Greece is a country which has followed a different development process since World War II and it did not enjoy the same economic growth that Germany has. For them economic advancement has been more of a struggle and therefore their expectation for economic growth are different to those expectations which are held in Germany. It seems that the only viable way of resolving this issue is negotiations, patience and diplomacy. It will not be easy to satisfy both of these governments but hopefully the situation will eventually be satisfactorily resolved. However regardless of whether financial problems are experienced on a national level, individual level or corporate level it is important to find a way to resolve those issues as soon as possible. If you need a solution for your financial problems debt consolidation loans could come to your assistance.
