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ECB rate rise : the beginning of a new phase? | 34 comments (34 topical, 0 editorial, 0 hidden)
Re: ECB rate rise : the beginning of a new phase? (none / 0)
"Good", because whether I like it or not, that was what the society/electorate desired at the time. The alternative was to stick to your values and remain "unelectable". The alternative to New Labour was not Labour, it was Thatcher/Major. How this happened, it is another story that deserves renewed discussion in the light of the current events.

"Eurozone leaders have turned a €50bn Greek solvency problem into a €1,000bn existential crisis for the European Union." David Miliband
by Kostis Papadimitriou on Thu Apr 14th, 2011 at 02:18:27 AM EST
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ECB rate rise : the beginning of a new phase? | 34 comments (34 topical, 0 editorial, 0 hidden)
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