The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
"Europe is difficult to understand for the markets. They work in an irrational way sometimes," Lagarde told RTL radio.It appears that the difficulties in comprehension are mutual, since European economic policymakers don't seem to understand markets either.
"Europe is difficult to understand for the markets. They work in an irrational way sometimes," Lagarde told RTL radio.
And journos don't get either.
I can't figure out who created the myth in lender countries and Germany especially that the EFSF means a transfer of tax dollars, rather than lending. But that sentiment seems central to the parliamentary resistances to the scheme which in turn seem central to the motivation of Merkel & co in blocking action.
One whose delusions are out of fashion.
by ManfromMiddletown - Apr 24 2 comments
by afew - Apr 20 46 comments
by ChrisCook - Apr 20 2 comments
by DoDo - Mar 19 19 comments
by DoDo - Apr 11 4 comments
by redstar - Apr 2 19 comments
by gmoke - Apr 1 34 comments
by ManfromMiddletown - Apr 242 comments
by ChrisCook - Apr 202 comments
by afew - Apr 2046 comments
by DoDo - Apr 114 comments
by redstar - Apr 219 comments
by gmoke - Apr 134 comments
by DoDo - Mar 1919 comments