Cyprus goes from bad to worse by the day; so does Portugal – Telegraph Blogs

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100024025/cyprus-goes-from-bad-to-worse-by-the-day-so-does-portugal/ Please, stop. Why do Germany, the Commission & co continue this madness?!?!

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3 responses to “Cyprus goes from bad to worse by the day; so does Portugal – Telegraph Blogs

  1. The question should be why their citizens will overwhelmingly vote for Mrs Merkel again! My guess is that we lack leaders with a vision. A new Jean Monnet…

  2. I am not sure why they will vote for Merkel again, but the source of the hyped ‘Russian mob money’, which was totally overblown, was the German SDP in an attempt to out-tough Merkel. But I suspect a lot of politicians in Germany share the same views on the Eurocrisis, i.e. the morality tale of profligate governments – no matter the facts.

    But not all German economists are of the kind Jörgen Weidmann – if you read German, please check this study from the Institut für Makroökonomie und Konjunkturforschung through this post – https://blog.arjenpolku.fi/2013/04/11/serious-serious-analysis-by-the-institut-fur-makrookonomie-und-konjunkturforschung/ It is the product of a research consortium of France, Germany and Austria and has some very sensible suggestions for policy changes, which are also in the German interest.

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