With Germany still choosing not to make any official response to the growing rumor that they plan to announce their withdrawal from the euro and a return to the Deutsche Mark this Friday, the Greek premier George Papandreou decided to jump ship even earlier this morning.
The Greek premier announced, through a statement he read out to the Greek Parliament of the Hellenes, that Greece would be ditching the euro as from this Wednesday. Mr Papandreou then went on to say that Greece would be taking up the offer made to it through him during last weeks EU summit meeting in Brussels when the British Prime Minister David Cameron invited Greece to switch its currency from the euro to the British Pound.
When questioned about the Greek announcement Mr Cameron at first denied having invited Greece to change it's currency to the British Pound, but later appeared on the steps of number 10 to say the Greek premier may have misunderstood something he (Mr.Cameron) had said to him in Brussels.
According to Mr Cameron a misunderstanding appears to have followed a bottle of wine they shared during lunch last Thursday. The Prime Minister had no euros in his pockets but did have a twenty pound note. He says the price of the bottle of wine was the equivalent of £38 and so each of them, who'd shared the bottle of wine 'for lunch', needed to put in £19. Mr Cameron says he handed his twenty pound note over to Mr Papandreou, and then the Greek premier paid the bill in euros. What Mr Cameron is claiming is that the Greek premier then refused to hand him the one pound change (or euro equivalent) from the twenty pound note he's handed over to him.
"He was getting all stroppy and saying I had drunk more than half the bottle of wine, saying that I should pay more than half, and shouting out that I wasn't entitled to receive any change from the twenty pound note" claims Mr Cameron.
The prime Minister then went on to explain that following the difference of opinion regarding the wine - Mr Cameron insists he did not drink any more of the wine than Mr Papandreou - the Greek premier then invited Mr Cameron outside 'to sort it out there' to which Mr Cameron responded by telling George (George Papandreou) to grow up, and that if Greece was that short of money then 'it's welcome to the pound'. It seems that the Greek premier took 'it's welcome to the pound' as being an official invitation from David Cameron for Greece to switch it's whole currency over to the British Pound.
Like it or not Mr Papandreou insists he did not misunderstand David Cameron's invitation and says it's too late now anyway because they've already started to hand out to the Greek people millions of the various Pound Sterling denomination banknotes they've been printing.