Wednesday 9 November 2011

Eurozone crisis: laughing or crying?

Who is leading the fight against the crisis in the eurozone? Who is at the root of the problems? The so called market forces, the individual EU member states, Angela Merkel and Nicolas Sarkozy who have claimed leadership, the Frankfurt group, the Euro Group (17) and chairman Jean-Claude Juncker, the euro summits (17) and president Herman Van Rompuy, the Ecofin Council (all 27 member states) and the Council presidency (Poland), the European Council (27) and president Herman Van Rompuy, the European Central Bank and president Mario Draghi, the European Commission through president José Manuel Barroso and Ecfin commissioner Olli Rehn, the G20 and its members, or the IMF?

Despite Bruno Waterfield's - @BrunoBrussels on Twitter – sober explanation about the euro 'deviants' being the ten euro outsiders, I could not resist the temptation to quip:

So kinky currencies on one hand, S&M #euro on the other?

Perhaps laughter is the best antidote to crying, so I am grateful to Anne Christensen - @AnneCbxl – for this tweet:

A truly divine solution to the Greek debt crisis. Thanks to Kostas for making us smile!

The tweet links to an Olympic YouTube video 'explaining' the crisis in Greece:

Gods and Greek economy

@TheEconomist offered KAL's inspired cartoon on Greece: It's just that there are so many strings attached.


A little easier, now, to continue listening to the cacophony (Greek origins) of official voices.

Ralf Grahn

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