The European Soap Opera: budget and Greece.

The EU is once again in crisis mode. What now? The EU budget and aid to Greece are being debated by the Finance Ministers. What makes this hard is that every country has veto power in the decision making. That alone almost guarantees failure sooner or later.

The budget is expenditure for the next six years. A trillion is proposed. And what does that have to do with aid to Greece? Hard to see, but the petulent Finance Ministers are holding up Greece's rescue check.