Tuesday, January 24, 2012

Harsh


Swedish Finance Minister Anders Borg - whose country is currently grappling with whether to sign up to the euro fiscal pact - is not impressed by Greece's implementation of its EU-led austerity programme.

This is what he reportendly told journalists in Brussels this morning:
“There are pretty obvious things that haven’t been achieved on the structural side and in terms of public finances. This is probably one of the worst programmes we’ve ever seen. There has to be a radical improvements in the implementation before there can be a discussion about additional programmes.”
Harsh.

1 comment:

Sheona said...

Thank goodness for somebody telling it like it (probably) is. We've had months of eurocrats and eurozone politicians, like Juncker, telling us that Greece "belongs in the euro" and that more money will be thrown and all will be well.