Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
There's an irony here. Greece is far from the poorest, or the most precarious economy in the world. But the actions of the ECB and the rest of the EU - alongside the credit-rating agencies rather make this a self-fulfilling prophecy...
by Metatone (metatone [a|t] gmail (dot) com) on Mon Jun 13th, 2011 at 05:29:07 PM EST
[ Parent ]
Do I get this right? Is the mighty ECB afraid of rating agencies junk-rating the Greek bonds on its books?

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Tue Jun 14th, 2011 at 05:21:31 AM EST
[ Parent ]
That's one way to put it.

Economics is politics by other means
by Migeru (migeru at eurotrib dot com) on Tue Jun 14th, 2011 at 05:33:29 AM EST
[ Parent ]


Top Diaries

Occasional Series