Showing posts with label Antonis Samaras. Show all posts
Showing posts with label Antonis Samaras. Show all posts

Thursday, November 03, 2011

Another eurolesson in brinksmanship

Last week, I noted a rather painful contrast between Angela Merkel's brinksmanship (whatever you think of her policymaking) and Obama's lack thereof, lamenting that we couldn't substitute "Obama" and "Boehner" in this Times headline below:
Merkel Called Bankers’ Bluff to Win Europe a Debt Plan
Today, add to the roster of EuroRussian Roulette-meisters Greek Prime Minister George Papandreou, who sent the Eurozone into panic mode with his call for a referendum on the EU's latest rescue plan -- apparently to scare his domestic opposition into line.  From the FT's liveblog: