EU – “Nothing they say is true…”

18 Apr

Cyprus bail-out vote

Green MP George Perdikis told the Cyprus Mail that he would vote against it to uphold the “freedom” of his country. “It is a crime to deliver Cyprus into the hands of the troika and allow it to become a colony.”

It is also a crime to steal people’s money…

Meanwhile the EU slips further into depression…

In a defiant statement, an alliance of the ECB, Commission and Eurogroup said the “evidence is clear” that EMU crisis policies have been a success and recovery is in sight.

Steen Jacobsen from Saxo Bank accused EMU leaders of dangerous complacency. “Nothing they say is true. Reality has never been further away. It’s scary,” he said. “We think the eurozone is in far worse shape than they realize. We will see contraction of 1pc this year but it could be as bad as 2pc.”

Citigroup cut its forecasts drastically, warning that EMU will shrink both this year and next, with a quasi-slump dragging on until 2017.

Socialism at work…

Telegraph

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