ECB: Greece’s cage fight could end in tragedy
Sean Whelan writes that concessions to Marxists play badly with conservatives
Accidents in the workplace are always unpleasant. Sometimes they have tragic consequences. And in some workplaces those consequences can extend far beyond the shop floor. A nuclear power station is one such workplace: the European Central Bank (ECB) is another.
Last week’s decision by the ECB to deem Greek sovereign bonds unacceptable as collateral for banks to borrow against caused a sharp intake of breath right across Europe. It was the type of ...
