Financial War (Live History)

Welcome to the Financial Wars Timeline, where Europe stands on the brink of war over debts and repayments. This timeline is part of the Live History series of timelines. Look bellow to see News Reports from various news agencies covering the crisis.

BBC
January 29, 2011: Germany and France threaten war with Ireland and Greece - BERLIN, GERMANY The German government today said that if Ireland and Greece did not immediately make substantial payments on there massive debt to Germany and France they would have to take aggressive action to recover their loses. This follows a similar threat to Spain last month which resulted in massive repayments to the Germans. The British and Dutch governments have promised to protect the Irish in the result of German or French military action.

CNN
January 29, 2011: The President of the USA declares American neutrality - WASHINGTON DC, USA As a result of the growing tensions in Europe President Barrack Obama has declared that the USA would not get involved in any European wars in order to preserve NATO. The Canadian Prime Minister however has declared his support for the UK urging the rest of the Commonwealth to "Stand behind the mother country".