Late on Sunday there was a news flash that Juncker had called a Eurogroup meeting for this coming Friday. We all perked up. Whoops! What’s going on? The troika are still digging their heels in. They still want Greeks to work around the clock for seven days a week with less than subsistence pay, the government is still a bit too scared to actually do that, or rather they can’t quite find a good way for them to pass this. So what has changed?
Has the German directed troika had a change of heart? Have they realised that perhaps they may not benefit from pushing Greece over the edge? Has Samaras’ vane boast of actually negotiating this time some meager substance to it after all? Or perhaps since the American Elections are only two weeks away, they decided to show mercy and give the Greeks (and the Greek government) a respite before summarily chucking them all out of the Eurozone?
Oh but no! Sorry! False alarm! Juncker decided there will not be a special Eurogroup on Friday to deal with the Greek question after all! Just kidding.
Meanwhile the Irish are being told that the direct bank recapitalisation scheme will, after all, apply to them too. Yet they were non plussed. Now why is that? They should have been jumping for joy and kissing Merkel’s big toe in gratitude. Well, the thing is they have already recapitlaised their banks at their taxpayers’ expense, that all this is too little too late.
And what’s more, all this tooing and froing, lack of direction, lack of serious planning and, quite frankly, playing with nerves, is certainly not conducive to creating the necessary “good climate” they claim they want.
Confusion, indecisiveness and narrow self interest is the only way to describe how the Nobel Laureate EU is functioning. Not to mention the lack of quality of all the apparatchicks from the unelected and unaccountable Presidents of the Commission and the EU, to the locally elected little tyrants mascarading as Democratic* Chancellors and Prime Ministers.
We really have had more than enough!
*Democratic is not confined to whether one came to power through a ballot or not. It amounts to much more. Things the current European leaders no longer possess. In any case, the Nazi Party in Germany was voted in. But would you describe them as a democratic party?