
This week Greece was given a 130 billion Euro lifeline by the European Central Bank and the International Monetary Fund. The main purpose of the bailout was to retain intact the membership of the European Community, but few believe it will save the Greece in the long-run. Most predict a third bail out in a couple of year’s time.
The day the European talks were concluded, talks began in Whangarei to “merge” the tiny Kaipara District Council (KDC) with the Whangarei District Council (WDC). I mention this because there are some pretty interesting parallels between Greece and Kaipara. Both are heavily and hopelessly indebted, and both are looking to others to bail them out of problems of their own making.












