A Candid Moment that "May" be a Game Changer

In this video of German Finance Minister Schaeuble speaking candidly to the Portuguese finance minister (apparently unaware he was being taped by a Portuguese news station) tells his Portuguese counterpart that after dealing with Greece, Germany will relax conditions and help Portugal, making it clear they are making an example of Greece. I'm sure by now this has gone viral throughout the EU, but especially in Greece where it is bound to inflame an already very enraged population.

Here's the link

Here's the Google Translation:

Talk quietly and when the two thought not being heard, was held on Thursday in Brussels during the meeting of European finance ministers and was captured by a camera TVI. Schäuble told Gaspar that Germany was willing to relax the Portuguese aid program, but after you solve the problem of Greece. "Thank you very much," said the Portuguese Minister of Finance. Vítor Gaspar said after the German minister: "We made ??substantial progress in the European context." "Yes, they did," says Schäuble. Pedro Passos Coelho said recently that Portugal does not need more time or more money to fulfill according to the European Union and the International Monetary Fund. "Portugal will not ask for a renegotiation of the program is running. (...) He said it clearly in Parliament and I will reaffirm it: Do not ask more time or more money to implement the program, "said on January 24, during a press conference.

Transcript of the conversation in its entirety Wolfgang Schäuble: If at the end we need to make an adjustment to the program [Portuguese], having taken large deciosões about Greece ... This is essential. But then, if necessary an adjustment of the Portuguese program, will be prepared. Vítor Gaspar: Thank you very much. Wolfgang Schäuble: No problem. Since ... It is that members of the German parliament and public opinion in Germany does not believe that our decisions are serious, why not believe in our decisions about Greece. Vítor Gaspar: We made ??very substantial progress in the European context. Wolfgang Schäuble: Yes, you did progress. Vítor Gaspar: Yes, we did. And now we have to work ...

If there were any question who is running the show in the EU/Troika, this should answer the question definitively, especially when you listen to the Portuguese Finance Minister acting like a dog sitting at his master's feet, grateful for any crumb, while the German Finance Minister acts as if any changes that need to be made to the Portuguese bailout are, simply completed by a wave of his hand.

How much humiliation are the Greeks willing to tolerate? I'm sure Wolfgang is getting a severe dressing down right about now by Merkel. And what of German opinion among the population? All I can say is this wasn't a good time for this candid exchange to be made public.