Daniel Cohn-Bendit put it well in Le Monde yesterday: 'The real problem of the eurozone is that the word of its leaders has triple Zero rating. Merkel and Sarkozy refuse to bail out Greece and then they go and bail her out anyway. They want to stimulate growth but they preach austerity. They want to have their cake and eat it. The markets sense this and speculate on their next mistakes.'
AII
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