Greece Gets Desperate

What does any bankrupt socialist paradise do when it is truly desperate...drill for oil, of course.

Greece in January will invite offers for oil exploration off its western shores in the hopes of tapping reserves of some 280 million barrels, the junior energy minister said Thursday.

Yiannis Maniatis said the cabinet had approved drilling in the gulf of Patras, the sea region west of Ioannina and Katakolo off the Peloponnese coast, the semi-state Athens News Agency reported.

"It is the first time Greece is taking such a step, and it will be done in complete transparency," Maniatis said according to the agency.

Wait, did they forget that they are European? California, Greece, who knows, maybe the US will get so broke we'll start drilling for oil again...