Monday November 23, 2020

Cliff Taylor on the latest twist in the bailout story and farewell to the NPRF

So now the run-up to doing an EU deal to help the bailout countries is clear. Step one, everyone plays down the possibility of the deal being done.

13th April, 2013
`Everyone wants it to be seen that they were the key players in this great drama.'

Are we there yet?

So now the run-up to doing an EU deal to help the bailout countries is clear. Step one, everyone plays down the possibility of the deal being done. This serves two purposes. First, there is always a chance it won't be done, and nobody wants to look stupid.

Second, it allows everyone to emerge with a negotiating "triumph" and gives more of a political bang to the participants. Of course, us...

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