The German finance minister says that the bailout of Greece by the “troika” didn’t work, and acknowledges that Greek debt will need to be “restructured” — a euphemism for defaulting on at least part of its debt.
In other news, Libyan government forces loyal to Col. Moammar Ghadhafi are advancing on the rebel-held stronghold of Misrata. Thousands of troops are attacking from three directions, and fighting is said to be heavy.
To see the headlines and the articles, open the full news post.
Thanks to AC, Andy Bostom, C. Cantoni, Diana West, Fjordman, Gaia, Insubria, JD, KGS, Lawman, and all the other tipsters who sent these in.
Commenters are advised to leave their comments at this post (rather than with the news articles) so that they are more easily accessible.
Caveat: Articles in the news feed are posted “as is”. Gates of Vienna cannot vouch for the authenticity or accuracy of the contents of any individual item posted here. We check each entry to make sure it is relatively interesting, not patently offensive, and at least superficially plausible. The link to the original is included with each item’s title. Further research and verification are left to the reader.