God is a US rating agency

The governments of the euro countries must finally overcome their undue fear of the rating agencies, the left-liberal daily Süddeutsche Zeitung urges: "God must be a US rating agency. There's no other explanation for why seventeen democratically elected governments bite their nails in fear when one of these agencies says what it thinks about Greece. ... The American God named Standard & Poor's has let the Europeans know that it does not want banks, insurance companies and pension funds involved in the Greek bailout. ... Instead of continuing to transfer taxpayers' money through Athens to the financial sector, the euro governments must pluck up their courage. A debt haircut and a major development programme would be a real help to Hellas - and reduce the American gods to what they are: capitalist entrepreneurs."

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