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

Crete is the most popular holiday destination for Brits
Panos - Jan 21, 2021Crete is the most popular holiday destination for this year’s tourist season for the Brits, according to online searches made in…

Fastest Brand Growth in 2020 (infographic)
Panos - Jan 21, 20212020 has been a pivotal year for various brands in the U.S. A new report of the fastest-growing brands shows…

Putin dips into freezing waters for Epiphany feast
Panos - Jan 21, 2021The Russian Orthodox Church celebrated the Epiphany on the night of January 18-19. Taking off his warm coat and under polar…