Greek FinMin Tsakalotos lashes out at ‘rules-are-rules narrative’

29 December 2016
526 Views

Embattled Greek Finance Minister Euclid Tsakalotos took to the Internet this week to label the EU’s Growth and Stability Pact as a “permanent straightjacket”, while charging that the ECB, which he said is overly independent, is “fixated” on blunting inflation. He also bemoans what he indirectly refers to as a dogmatically driven Eurozone.

His article, posted on the non-profit openDemocracy organization’s website, comes only days after the UK-trained economist and professor provided written assurances to European creditors that his leftist government would not repeat another spending measure without prior consultation, while at the same time stating that it remains committed to implementing memorandum-mandated reforms.

You may be interested

Coronavirus Greece: 1,606 new cases, 781 intubated
GREECE
shares39 views
GREECE
shares39 views

Coronavirus Greece: 1,606 new cases, 781 intubated

makis - Apr 12, 2021

Greek authorities announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 1,606, of which…

US: There will be costs if Russia acts against Ukraine
DEFENCE
shares46 views
DEFENCE
shares46 views

US: There will be costs if Russia acts against Ukraine

Panos - Apr 12, 2021

U.S Secretary of State Antony Blinken on Sunday said: “it would be a serious mistake” for China to strike at…

Kikilias: The plan is for vaccinations of healthy people in their 40s to begin in June
GREECE
shares44 views
GREECE
shares44 views

Kikilias: The plan is for vaccinations of healthy people in their 40s to begin in June

Panos - Apr 12, 2021

If everything goes according to plan and deliveries for the second quarter are made on time, vaccinations of healthy people…

Leave a Comment

Your email address will not be published.