It is clear from the EU Finance Ministers' template-like comments to the press what the real worry is in Europe (and the world). It's not The Greeks (Schaeuble: "No other decision was possible, no problem with Greek referendum... need to see what happens next"), it's something else:
- *SCHAEUBLE SAYS DOING EVERYTHING POSSIBLE TO AVERT MARKET UNEASE
- *PADOAN: INSTRUMENTS IN PLACE TO COUNTER POSSIBLE CONTAGION
- *DIJSSELBLOEM: OUR INSTITUTIONS ARE PREPARED TO TAKE ANY ACTION
- *SCHAEUBLE SAYS WE'LL DO EVERYTHING TO FIGHT CONTAGION THREAT
And then there's this utter rubbish: ITALY'S PADOAN: "EURO AREA IS VERY STRONG."
* * *
Save The Markets, screw The Greeks; save The Bankers, screw Democracy.
* * *
Over to you Draghi...
Unleash the bond-buying... let's just hope that Buba plays along.
No comments:
Post a Comment