Eurobonds of Monti neemt ontslag. EU drama queens slaan door!

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De druk is zo groot, dat we kunnen  gaan spreken van emotionele wrakken aan het roer.

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Merkel is niet gevoelig voor emotionele chantage.

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Italy’s Unelected PM Mario Monti: “Eurobonds, Or I Resign”

Submitted by Tyler Durden on 06/26/2012 – 11:59Italy None Silvio Berlusconi

Update: According to subsequent press reports, Monty has denied he threatened to resign. i.e., Monti just blinked. So now it is up to Merkel who will either have a very short life, or Monti will have to come up with a different professional suicide gambit.

Just when we thought the European drama couldn’t get any more poignant following Merkel’s statement earlier which boils down to “No eurobonds or death”, here comes Italy’s unelected PM and former Goldmanite, Mario Monti, threatening that the beggar will pull the trigger on his own political career if he is not allowed to be a chooser. From Il Giornale: “If the Chancellor does not give up I will tell you that I resign because if things do not change are not able to bring Italy out of the abyss“, he suggested relying on the bogeyman of the crisis that would bring Italy under attack of speculators. On the other hand, Merkel knows all too well that the fall of Rome would mean the collapse of the definitive ‘ euros by prospects that would put the shivers even in Berlin.” So one hand for Merkel Eurobonds are a matter of life or death, while an elected technocrat with no leverage at all, threatens to quit. Our money is on the German.

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