Friday, February 12, 2010
Biting the hand that feeds him
Greece on Friday unleashed a fierce attack on its European Union partners, accusing them of creating a â€œpsychology of looming collapseâ€ a day after they pledged support for the countryâ€™s crisis-hit government. George Papandreou, Greek prime minister, said that, in the eurozoneâ€™s first big test, Greece had become â€œa laboratory animal in the battle between Europe and the marketsâ€. In a televised address to his cabinet, he criticised EU members for sending â€œmixed messages about our countryâ€‰.â€‰.â€‰.â€‰that have created a psychology of looming collapse which could be self-fulfillingâ€ Greek gross domestic product contracted by 0.8 per cent in the final three months of last year, by far the sharpest decline reported so far by a eurozone country.