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Der Spiegel reported Friday, May 6, 2011, according to government sources in Germany, Greece had threatened to leave the euro area shortly before the holding of a secret meeting of finance ministers of the euro area the same day in Luxembourg City .
Contrepoints.org was the first news website in French GP to relay this information.
The phantom meeting
This news caused a sharp decline in the price of the euro and EU officials, as well as Greek and German governments, have been quick to deny the content of the article.
Immediately, many journalists have contacted Guy Schuller, a spokesman for Prime Minister of Luxembourg Jean-Claude Juncker, the man who is also head of the Council of Ministers of Finance of the euro area.
Orally and in writing, Mr. Schuller has repeatedly stated that no meeting of the Eurogroup was held this evening.
We now know that there was indeed a Eurogroup meeting this Friday, May 6 in Luxembourg. Officially, of course, Greece exiting the euro was not on the agenda. Mr. Schuller has subsequently clarified that he was asked to lie by denying the existence of this meeting to protect the interests of the euro on Wall Street.
Why lie?
Asked if such a deliberate disinformation to undermine the future market confidence in the statements of the Eurogroup, Mr. Schuller said, "none", indicating that the markets had already virtually no confidence in statements of European leaders.
Mr. Schuller has even illustrated his remarks by saying that when Mr Juncker and Jean-Claude Trichet of the European Central Bank, or the French Finance Minister Christine Lagarde said something to the markets, "nobody seems to believe."
Inform markets and lie to them when it becomes important
Jean-Claude Juncker has been president of the Eurogroup since 2005. The main responsibility of this function is to inform the financial markets and economy in the euro area.
It will not surprise regular readers of Counterpoints but Mr Juncker has a history of lying as part of his duties. However, it is rare that a policy clearly expresses its support for the practice of lying.
That is what Mr Juncker in this video, filmed at a conference held in April 2011, where he states that "when it becomes important, you have to lie."
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http://www.youtube.com/watch?v=vi9qG3YbiWg&feature=player_embedded#at=59
these are the bastards who run our world economies and force us to suffer under their wicked inflationary policies. bunch of liars. i say screw them.