1. marts 2010

Greece’s Bailoutplan About 200 Billions (Millarder Paa Dansk) DKK: Under EU Treatment With IMF OM The Sideline

Excerpt from: http://online.wsj.com/article/SB10001424052748704089904575093520656060654.html?mod=djemITPE_h

“IMF Role in Crisis Is Restrained

As European Officials Lead Talks with Greece, Fund Offers ‘Technical Assistance’


WASHINGTON—The International Monetary Fund’s role in the continuing drama over Greece is limited—thus far—to advising Athens how to reform its tax and budget systems so the government can persuade markets and other euro-zone nations that its deficit-reduction program is valid, informed people on both sides of the Atlantic say.

The IMF has said it is providing “technical assistance” but hasn’t disclosed what that work amounts to, leading to speculation that the fund is quietly putting together a rescue package for Greece, or is providing the analysis behind the European Union’s arm-twisting of Athens to slash its deficit.


Dominique Strauss-Kahn, the IMF’s managing director, says “the Europeans want to try to deal with the problem themselves,” but “if we are asked to do more, we will do more.” He has talked several times with Greece’s prime minister.

The IMF isn’t playing a covert role of that sort, those familiar with its work say. Rather, European officials are insisting that they run negotiations with Greece. And while the IMF would like to play a larger role, European politics are getting in the way.

On Friday, IMF Managing Director Dominique Strauss-Kahn said again that “the Europeans want to try to deal with the problem themselves…[but] if we are asked to do more, we will do more.” During the crisis, Mr. Strauss-Kahn has talked several times with Greek Prime Minister George Papandreou, an old ally in European socialist politics…”

Complement: http://online.wsj.com/article/SB10001424052748704089904575093232431641628.html?mod=djemITPE_h


Which country is next in line? You certainly will not hear much about that from Europa.

Karadzic defends Bosnian Serb ‘holy’ cause at trial

http://news.bbc.co.uk/2/hi/europe/8542297.stm (with video of his speech)
Radovan Karadzic: ”I will defend that nation of ours and their cause”

Karadzic defends Bosnian Serb ‘holy’ cause at trial

Former leader Radovan Karadzic has said the Serb cause in the Bosnian war was “just and holy” as he began his defence at his genocide trial at The Hague.

Mr Karadzic, who led the Bosnian Serbs during the war in the 1990s, said there was a core group of Muslims in Bosnia – then and now – who wanted 100% power.

Speaking in the Hague, he insisted the Serbs were only acting in self-defence.

He insists he is innocent of all 11 charges from the 1992-95 Bosnian war, including genocide and war crimes.

The trial had been adjourned since November and the judge rejected a new request for a further postponement.

‘Good case’

Mr Karadzic suspended his boycott and appeared in court along with his lawyer on Monday as the trial resumed.

“I will defend that nation of ours and their cause that is just and holy,” Mr Karadzic said in translated comments at the International

“We have a good case. We have good evidence and proof.”

He is expected to present a two-day opening statement before prosecutors present their first witness on Wednesday…”