19 March 2013

NETHERLANDS / EUROZONE / GERMANY / CYPRUS : New EU FinMin Chief Dijsselbloem Faulted Over Nicosia Deal.

      Holland's FinMin Jeroen Dijsselbloem has only led 3 meetings as new chairman of Eurozone finance ministers.
     But...he's already come under heavy criticism for failing to understand the wrath of   Cypriot savers over a proposed tax.
     Even his predecessor...Luxembourg PM Jean-Claude Juncker...commented on the proposed measure's lack of subtlety...and sensitivity.
     Insiders claim that the Germans ran the sessions...and ramrodded the measures thru... because the Dutchman was too inexperienced.
     Now...he's quoted saying as Cyprus is on 'the brink of bankruptcy.'