• new Eurozone institutions offer unsatisfactory solutions
  • much work to be done on European institutions

How to win friends and influence people. Slag off your creditors

Greek fin min speaking in Paris in typically forthright mode


The institutions created this asymetric union and will have to come to terms with it, have to deal with it

The big question is: under the current institutional framework, and given the institutional changes, can we pat ourselves on the back and say that we've learned the lessons of economic history to deal with legacy problems and avert future problems

I shall submit to you my very simple answer: No we haven't. We have much work to do