• 824 days Will The ECB Continue To Hike Rates?
  • 824 days Forbes: Aramco Remains Largest Company In The Middle East
  • 826 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,225 days Could Crypto Overtake Traditional Investment?
  • 1,230 days Americans Still Quitting Jobs At Record Pace
  • 1,232 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,235 days Is The Dollar Too Strong?
  • 1,235 days Big Tech Disappoints Investors on Earnings Calls
  • 1,236 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,238 days China Is Quietly Trying To Distance Itself From Russia
  • 1,238 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,242 days Crypto Investors Won Big In 2021
  • 1,243 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,243 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,246 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,246 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,249 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,250 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,250 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,252 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

Great Explanations: France Gets to Violate EU Budget Rules 'Because It's France'

In my forthcoming book of "Great Explanations", European Commission president Jean-Claude Juncker may very well get top billing.

Juncker is already tremendously famous for preceding statements, and this week he was back at it with still more comedy.


Eurogroup Chief Takes on Juncker's Budget Laxity

The EU Observer reports Eurogroup Chief Takes on Juncker's Budget Laxity.

Eurogroup president Jeroen Dijsselbloem said "it would be wise that the European Commission pays more attention to credibility" when it comes to budget rules enforcement. Dijsselbloem said in an interview to Germany's Sueddeutsche Zeitung and six other newspapers that it was "a concern" that commission president Jean-Claude Juncker admitted earlier this week that France got leeway "because it is France".


Credibility in Question

Jean-Claude Juncker lying

Even the Eurogroup president is questioning Juncker's credibility.

Everyone should.

Other than being a pompous buffoon, Jean-Claude Juncker is most famous for his statement "When it becomes serious, you have to lie".

Amusingly, on June 28, 2015, I reported Juncker Lectures Greece on Telling the Truth.


Believable Juncker

The only significant statement Juncker ever made that I accept as factual is his own admission that he is a liar.

 

Back to homepage

Leave a comment

Leave a comment