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“When it becomes serious, you have to lie.” |
From 2 years ago:
Is lying considered an appropriate mode of communication for euro-zone leaders?
We have to wonder after a strange episode on Friday evening. Here’s what happened:
Just before 6 p.m., German news magazine Spiegel Online distributed a report saying that euro-zone finance ministers were convening a secret, emergency meeting in Luxembourg that evening to discuss a Greek demand to quit the euro zone.
and today:
"Frankfurter Allgemeine Sonntagszeitung on Sunday cited central bank sources as saying the ECB had set a limit of 524 billion euros on the Outright Monetary Transactions (OMT) scheme.
The bank had also had informed Germany's constitutional court - which will weigh the OMT's legality on Tuesday and Wednesday - of that limit, it said."But wait. This is a very "serious matter" and there are "certain necessities to consider:"
"The report is incorrect," an ECB spokesman told Reuters.
There is no limit to the European Central Bank's (ECB) bond-buying program, a spokesman for the bank said on Sunday, denying a German newspaper report published in the run-up to a court hearing on the scheme.
When it Becomes Serious, You Have to Lie
