France’s finance minister has declared that the French recession is over, hot on the heels of this morning’s upbeat industrial morale reading
Bank of Spain sees recession slowing
Here we go again. We eagerly await Barroso’s declaration that the crisis is behind us, and Schauble’s assurances to the same effect.
Greece, however, as always, is not pulling it’s weight!
German Finance Ministry Spokeman Kampeter: Payment of next tranche to Greece will be delayed, due to pending troika report
So when it turns out, yet again, that recession is far from receding, that the crisis is getting worse, as will become apparent immediately after the German elections, We will all know who to blame!!!
As to the bright and brilliant Moscovici, who is so intelligent that all these meetings bore him to sleep, a French or francophone blogger commented: la recession est finie, maintenant commence la depression (or words to that effect).
Allons enfants de la patrie!