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Easy: there have been 17 other finance ministers who played along to his lie, without exception. If you read the German media, much of the German elite really believes that this was a defence of Europe. It is more the exception when a politician or pundit hints that the real targets of the Greece policy were France and Italy.

This is another reason why, for me, the simultaneous "No vote equals Euro exit" declarations was a defining moment: when Hollande and Renzi assist to the creation of as new weapon against them, they and their parties are truly beyond hope.

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

by DoDo on Mon Jul 20th, 2015 at 03:07:49 PM EST
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That was indeed a low point.
by rz on Mon Jul 20th, 2015 at 03:21:57 PM EST
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Renzi won't mind if it's used against Italy.
On the contrary... His buddies in finance will make things right for him.
It's not just the economic ministers covering for each other!

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty
by melo (melometa4(at)gmail.com) on Mon Jul 20th, 2015 at 08:45:17 PM EST
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I think you're not paying attention.

The question s why it took until now for France and Italy to do something.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Migeru (migeru at eurotrib dot com) on Tue Jul 21st, 2015 at 12:44:21 AM EST
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I can see why the elite believe this.  In their view, it was a defense of Europe.  The part of Europe that matters.  I.e. them.
by rifek on Mon Jul 27th, 2015 at 12:45:42 AM EST
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