Schulz: Apologizing is Not Enough

schulzThe president of the European Parliament, Martin Schulz, when speaking  to the Italian newspaper La Republica about the tough austerity measures, said that “apologizing is not enough, someone has to take certain responsibilities.”

Schulz explained, that at the time, austerity programs had been presented as the only solution,  but now the IMF claims that the impact of the austerity measures were miscalculated, which led to decrease of growth.

He reported that “the IMF found that the internal structure of the Troika was inefficient in solving problems and caused more problems than it solved. Not only is economic growth limiting, but also Europe, is not able to regain the trust of the markets.”

“You can’t ask for a crazy haircut and then accuse the scissors for the damage.” he added.

Schulz revealed that the European Parliament’s Committee on Economic and Monetary Affairs has initiated an investigation on Troika and the programs imposed in Greece, Ireland, Cyprus and Portugal.

However, he was rather hopeful saying that despite the wrong choices, the European countries are heading in the right direction. Schulz also said that Greece is expected to return to Growth in 2014.


  1. Man Greeks have hidden cash like no one. you are retard or paid by the wealthy Greek liars to say this?!

  2. Schulz better apologize, especially for not asking the EU Commission about the 2 criminal gangs from PASOK & New Democracy Parties running this Government of Thieves, Liars & Crooks who created all these economic problems today? It was PASOK & ND Parties who created Golden Dawn and the Far Left by their corrupt rule and mismanagement of Greece. (Akis Tzahadzopolous from PASOK is just one example of their corruption).

    1.) Why isn’t PASOK’s MP Venizelos in jail for hiding the Legarde List 2 years in his home? And what about Venizelos’ controversial submarine bribery deal, he signed in 2010?

    2.) Why isn’t PASOK’s Finance MP Papconstantiou in jail for removing his
    relative’s names on the List?

    3.) What about PASOK & ND Parties still owing 250 million Euros to the Banks in phony loans they have not paid back yet?

    It seems to me the Gov’t and Press is using anything as a “distraction” to take attention away from the Massive Crimes these two corrupt Parties have committed as well as Treason against the whole Greek nation after 39 years of corrupt rule!

  3. If the EU jobless rate is rising then how can anyone expect Greece to move forward in 2014.