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The negotiations with the ECB were carried out b the Central Bank Governor and senior civil servants in the Dept. of Finance and the Cabinet was "bounced" into accepting a fait accomplit very late in the process.  Yes they did ultimate accept the deal but both the manner and the content of the decision was unconscionable and is a primary reason why we now have a general election in which the Governing parties will be shafted.

My diary is primarily aimed at ensuring the next Government doesn't act quite as stupidly.

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Sun Feb 6th, 2011 at 03:07:57 PM EST
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Top Diaries

I'm done with the EU

by tyronen - Jul 13
226 comments

The Greece Blame Game

by Frank Schnittger - Jul 20
29 comments

The democractic insolvency

by rz - Jul 16
23 comments

Scape goating Greece

by Frank Schnittger - Jul 13
25 comments

In which I defend Wolfgang Schäuble

by rz - Jul 15
24 comments

Occasional Series