Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
And renewed push for the Suicide Pact while the ECB is raising rates.

It's a mixed bag.  There seems to be at least some connection to reality coming around as it relates to debt levels and interest, but they're still out to lunch on the macroeconomics.

Be nice to America. Or we'll bring democracy to your country.

by Drew J Jones (pedobear@pennstatefootball.com) on Fri Jul 22nd, 2011 at 05:38:20 AM EST
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I think they're still fighting about the macroeconomics.

There's a whole other strand about structural funds and so on to work out, and I think that's were the real fight is now.

Less than 3% deficits are fine if Germany is busy pumping its surplus into the periphery by way of EU funding ... (not that I'm suggesting that that's what they'll do!).

by Colman (colman at eurotrib.com) on Fri Jul 22nd, 2011 at 05:58:04 AM EST
[ Parent ]


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