Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
You are not signed on; if you are a visitor please register for a free account!
|MarketTicker Forums Single Post Display (Show in context)||
User: Not logged on
|User Info||Ready For Tanks In The Streets In Greece?; entered at 2012-07-15 13:47:36|
Registered: 2008-10-03 Cleveland
The new Greek finance minister, Yannis Stournaras, until recently a professor of economics at the University of Athens, hasnt learned yet the art of extortion that is required to accomplish anything at all during negotiations with the Eurozone.
Is this a failure? I don't think so - it is already a partial success. Through the course of two elections they managed to reframe the 90 of 300 specific measures that were actually implemented as being "too harsh". Not that the Troika was hoodwinked or anything - certainly they were well aware of all the unaccomplished measures 6 months ago, a year ago, probably longer - they just can't pass up a good waltz