Deal reached to keep Mexican cartel boss “El Chapo” Guzman in the Eurozone

13 Jul

BRUSSELS–after exhaustive, all-night negotiations, Europe’s political leaders reached a deal this morning that would keep notorious Mexican drug lord “El Chapo” in the Eurozone.

“We have a deal,” said German Chancellor Angela Merkel. “While it’s not perfect, it’s much better than seeing El Chapo exit the euro.”

Under the terms of the deal, Guzman agreed to extensive labor-market and tax reforms in the cartel under his control, and as a result, the European Central Bank will start negotiations to restructure the cartel’s Euro-denominated debt, which consists of several unpaid VHS rental fines from El Chapo’s vacation to Rome in 2003. “We can extend the maturities of the fines as required, and we will overlook the fact that Guzman did not rewind Police Academy IV,” said Merkel.

After completing the negotiations at 7am local time, the European leaders also reached a sort-of-agreement with Greece to restructure its debts. Under the terms of the agreement, Greece will pass legislation handing control of the country to Germany, after which “we’ll see what we feel like doing,” said Merkel.

  
Guzman: “Of course I kept Jedi for an extra three days. It’s a great movie.”

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