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Total waste of time then
pqrdef
Posts: 4,552 Forumite
European summit.
Merkel vs Hollande described by La Figaro as a confrontation.
Platitudes about growth, but no plans.
Merkel is still telling the Greeks they've got to vote for austerity. They're more likely to vote for unification with Germany.
Cameron sounding tired on the subject of the Tobin tax. I think he knows he's lost.
The Independent says Eurozone countries have been told to prepare for a Greek exit.
Cleggie is off to Berlin today to talk about fiscal transfer, i.e. the Germans sending some of their ill-gotten gains to poorer parts of Europe. This'll be wildly popular.
Next summit June, after the Greek elections.
Meanwhile back at the ranch, the NHS is denying people operations for cataracts. Coming soon: Osborne abolishes the tax allowance for blind people, because there are too many blind people.
Merkel vs Hollande described by La Figaro as a confrontation.
Platitudes about growth, but no plans.
Merkel is still telling the Greeks they've got to vote for austerity. They're more likely to vote for unification with Germany.
Cameron sounding tired on the subject of the Tobin tax. I think he knows he's lost.
The Independent says Eurozone countries have been told to prepare for a Greek exit.
Cleggie is off to Berlin today to talk about fiscal transfer, i.e. the Germans sending some of their ill-gotten gains to poorer parts of Europe. This'll be wildly popular.
Next summit June, after the Greek elections.
Meanwhile back at the ranch, the NHS is denying people operations for cataracts. Coming soon: Osborne abolishes the tax allowance for blind people, because there are too many blind people.
"It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
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I think they have run out of ways to look like they all agree. I think they all know Greece is out but can't bring themselves to do the dirty deed - bit like a divorced couple reminicing as they clutch the pen to sign the papers!0
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Not sure they know why though. If they think it'll cost them less that way, they're probably wrong.I think they all know Greece is out"It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
I think they do and I'm inclined to believe them. For all the problems in Greece now it'll get much worse unless the other EU members help them massively after they leave. If they let Greece ignore it's budget issues then it encourages other countries and their voters to do the same.
I'm yet to hear a remotely compelling argument explaining why either allowing Greece to build a larger debt or leave helps them out.Having a signature removed for mentioning the removal of a previous signature. Blackwhite bellyfeel double plus good...0 -
The whole game is being played on a different level now.
A few months ago, these people were in real denial, believing they coud bailout Greece and all would be good.
Now it appears they cannot deny the obvious any longer....they would have been able to, if democracy had not got in their way.
So now, the game is changing, and they are setting it all up so that ut's Greece's fault when they default and the spotlight can be aimed at the Greeks.0 -
Which other country wants to go the same way as Greece? Whatever the EU does about Greece now, nobody else is going to go and ask for an EU bailout if there's any way they can possibly avoid it. The threat of being helped by the Germans has already become the ultimate deterrent against imprudence.If they let Greece ignore it's budget issues then it encourages other countries and their voters to do the same."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
It's the beginning of the break-up of the Fourth Reich and, although there will be much pain, it's good to see.0
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