Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Yes, thanks for pointing out in another thread that Greece has already been promised a debt rescheduling.

So if Greece starts using something else, Greece fails its obligations.

After the Troika (which includes the commission and the ECB) failed on their promises for restructuring the debt.

After the ECB, the Commission and the Eurogroup totally ignored that the social protocol talked about social protection and not about destroying it.

After the ECB used a 3% deficit rule that the Italian minister at the time claims were non-binding to bludgeon member states with trade deficits into giving up powers that never belonged to the Troika.

All in all, there are a number of vioaltions and if Greece defends itself with vigor a case before the Court can be interesting.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Wed Jan 7th, 2015 at 04:10:22 PM EST
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