Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
From the link:

"The purported statements of the European Commission representative in Sunday newspapers are at the very least off target, and certainly inaccurate," Papaconstantinou said in a press statement midday Sunday.

The three international lenders--the IMF, EU and ECB commonly know as the "troika" in Greece--held a very controversial press conference Friday. It was their third review of the debt-laden Mediterranean state's progress on austerity, fiscal consolidation and economic restructuring reforms. And while they approved the fourth EUR15 billion aid tranche, they also ratcheted up expectations on reforms.

...Greek Prime Minister George Papandreou midday Saturday called the head of the IMF, Dominique Strauss-Kahn, and Olli Rehn, the European Commissioner for economic and monetary affairs, to complain about the tone of Friday's joint press conference of the international lenders of last resort. Papandreou also criticized the statements as "unacceptable." Other government ministers have talked about a breach of the country's sovereignty and underlined the cabinet only takes orders from the Greek people.

That's now even worse: both the IMF and the Commission catching the fire before the ECB.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Sat Feb 19th, 2011 at 06:28:31 AM EST
[ Parent ]
Well, he complained to the EC not the ECB. My omission. From the linked article:

Greek Prime Minister George Papandreou midday Saturday called the head of the IMF, Dominique Strauss-Kahn, and Olli Rehn, the European Commissioner for economic and monetary affairs, to complain about the tone of Friday's joint press conference of the international lenders of last resort



The road of excess leads to the palace of wisdom - William Blake
by talos (mihalis at gmail dot com) on Sat Feb 19th, 2011 at 06:28:52 AM EST
[ Parent ]
(Editorial note: I probably deleted and re-posted my comment with the extended quote before you got to post the above reply with the same quote.)

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Sat Feb 19th, 2011 at 06:48:46 AM EST
[ Parent ]
Yes. Well the ECB representative was more constrained last Saturday in his statements, mainly because he was talking about the banking sector.

The road of excess leads to the palace of wisdom - William Blake
by talos (mihalis at gmail dot com) on Sat Feb 19th, 2011 at 06:30:41 AM EST
[ Parent ]
Strike "ECB" in the draft, replace with "troika."

In practise, it's going to be the ECB, but DoDo is right about the rhetorical points.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Feb 19th, 2011 at 06:32:47 AM EST
[ Parent ]

Display:

Occasional Series