"Eurabia To The Rescue" - EU says Egypt to receive $6.5 billion in grants and loans, 'let the Greeks eat cake'.

"Eurabia To The Rescue" - EU says Egypt to receive $6.5 billion in grants and loans, 'let the Greeks eat cake'.HT: IsraelMatzav.In Athens tonight, they can probably only stare in amazement. While their fellow members in the European Monetary Union have refused to bail them out without strict controls, the EU is giving $6.5 billion to Muslim Brotherhood-led Egypt with no strings attached.
European Council President Herman Van Rompuy, visiting Cairo, said on Sunday the European Union and other financial institutions had offered Egypt over 5 billion euros to support Egypt's democratic transition.
"The European Union and associated financial institutions have offered an amount of more than 5 billion euros, or more than $6.5 bln, in grants, concessional loans and loans for a period of 2012 and 2013 to support Egypt's democratic transition," Rompuy told reporters.
But Greece, which is an EU member, is left hung out to dry? And they wonder why the Greeks don't want to repay anything they borrowed until now? Read the full story here.