Euro Area

[gaelic cowboy]

and now we enter the real end-game:

http://www.telegraph.co.uk/finance/f...opes-bows.html

I give you the German President Christian Wulff:



remember me wittering on about that "shared familial sentiment", yes, yes, a trifling irrelevance against the importance of dry technocratic governance, i see that now.

lol!

hmm

I assume the German President is a largely ceremonial position just like the Irish President or the Queen in the UK???

The fact he commented on a current political situation is news enough really, usually ceremonial heads of state stay out of the mudpit.

[Louis VI the Fat]

hmm

I assume the German President is a largely ceremonial position just like the Irish President or the Queen in the UK???

The fact he commented on a current political situation is news enough really, usually ceremonial heads of state stay out of the mudpit.

The president commonly stays out of the mudpit, therefore his words carry not inconsiderable moral weight when he does express a political concern.
There is obviously great unease in Germany, a sense of being robbed, 'why should we pay for the mess of others, we're not Europe's ATM'.

Not that I blame them. But gah! In the old days all you had to do at this point was a little improvised sketch, a John Cleesesque 'don't mention the war...oops likes like I just did'. Doesn't work anymore. Ever since the reconquista of Eastern Germany the Teutons have been restless in their oak forests.
ARE THEY CALLING THpsE NEW BUNDESLANDS MIDDLE GERMANY YET?


Personally, I wouldn't mind paying...if it meant helping the Greek poor, or safeguarding the purchasing power of Portuguese and Irish pensions. But who are we bailing out, exactly, French and German and Dutch banks, and an unworkable political project?



Louis - life was so much more fun back when there was just a grand European project and sceptics were just spiteful little fascists on the worng side of history

[Furunculus]

Louis - life was so much more fun back when there was just a grand European project and sceptics were just spiteful little fascists on the wrong side of history

Life is rich and full of novel experience, just waiting to inhaled!