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

By: Mike Shedlock | Sat, Jun 4, 2016
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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.

 


 

Mike Shedlock

Author: Mike Shedlock

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Mike Shedlock

Michael "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Visit http://www.sitkapacific.com/ to learn more about wealth management for investors seeking strong performance with low volatility.

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