The Eurogreens on Eurozone Economic Governance | 24 comments (24 topical, editorial, 0 hidden)

Re: The Eurogreens on Eurozone Economic Governance (4.00 / 4)

Just the only ones allowed to be mentioned in polite company.
The deputy chairman of the German Left party produced this (Ger, pdf)

She demands among other things: reduction of imbalances through higher wages and social services in Germany, funding of government deficits via ECB credit, nationalisation of big credit institutes and coordinated partial defaults along the line of Argentina at least in the € zone and possibly in the whole EU.

by generic on Mon Dec 20th, 2010 at 07:11:10 PM EST
[ Parent ]

Re: The Eurogreens on Eurozone Economic Governance (4.00 / 2)

See afew's German Uprising quoting the FT:

... it was left to Gesine Lötzsch, co-leader of the Linke party, to warn that all the efforts at "saving the euro" were really about "saving our banks from their bad debts."
Accusing the government of failing to take action to regulate the financial markets, she challenged Ms Merkel: "It is time for you to admit: are you negotiating on behalf of German citizens, or are you negotiating on behalf of German banks?"

Of all the ways of organizing banking, the worst is the one we have today — Mervyn King, 25 October 2010

by Carrie (migeru at eurotrib dot com) on Tue Dec 21st, 2010 at 02:34:41 AM EST
[ Parent ]

The Eurogreens on Eurozone Economic Governance | 24 comments (24 topical, 0 editorial, 0 hidden)

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