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The two halves of the eurozone are locked in a broken marriage
Ambrose Evans-Pritchard
London Telegraph
October 31, 2011
One by one, the democracies of Southern Europe are being broken on the wheel of monetary union.
Greek premier George Papandreou and his ministers were cruelly depicted in cartoons knuckling to German orders or delivering the Nazi salute.
The yearly march commemorating the struggle against the Axis was blocked in Thessaloniki by protesters shouting “traitor” at Greece’s aging president Karolos Papuolias, himself a teenage resistor.
The city band wore black ribbons of protest against the Memorandum, the hated document of EU-IMF submission. They downed instruments in silence as they passed the podium of ministers.
I do not wish to be anti-German, since German citizens have been misled by their own elites and Germany itself is the chief diplomatic and political victim of EMU’s unfolding tragedy.
But this is what happens when you insert words such as “Überwachungskapazität vor Ort” (monitoring capacity on the ground) into EU summit conclusions.
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