Jean-Claude Trichet, the European Central Bank (ECB) President, was quoted by media earlier this month (10 September) as saying that, by unilaterally refusing to participate in the Greek bailout, Slovakia was setting a bad example. If there is a risk that future euro applicants might "do something like that" in the future, the ECB would not support their accession.
These statements are symptoms of the profoundly disturbing intellectual state of those in charge of leading the eurozone's...
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Already a member? Login hereLisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.
Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.