Irony of the Day
In a bitter 40 minute lecture, European Commission president, Jean-Claude Juncker, lectures Greece on the “truth”.
Other than being a pompous buffoon, Jean-Claude Juncker is most famous for his statement “When it becomes serious, you have to lie“.
I believe it’s safe to say that things are serious.
Please consider Eurozone Leaders Take Coordinated Gamble with Response to Athens
By publicly insisting that Greece’s referendum on Sunday is a choice about the country’s future in the eurozone, Europe’s leaders are taking a high-risk political gamble that their intervention will win over Greek voters rather than alienate them.
The strategy was carefully chosen. According to two eurozone officials, the EU’s three most high-profile leaders – Angela Merkel, the German chancellor; Franois Hollande, the French president; and Jean-Claude Juncker, the European Commission president – co-ordinated how they would respond to the Greek government’s call for a No vote during a series of phone calls at the weekend.
This post was published at Global Economic Analysis on Monday, June 29, 2015.