OK nice one Mr Papandreou... This time you managed to upset everybody!
First you told the whole world 2 days ago that you would call a referendum to get your nation's permission before accepting the bailout plan "offered" by the European leaders...
Obviously Nicolas Sarkozy did not expect and did not like this one. FYI, a few days before, the French President went on national TV to tell us that thanks to his efforts combined with those of the German Chancellor, they had just saved Europe. The guy is down to less than 30% positive opinions in the poll 7 months ahead of the Presidential election, so he kind of needed a trophy to bring back from Brussels, and he thought he had it until you blew up his plan...
On the German side, the Bild tabloid said it all by asking Angela Merkel for a referendum to consult the German people on their willingness to keep Greece in the Euro zone.
As for the Chinese, who were asked to dig in their deep cash pockets, well... They started to wonder why they should invest on people who "work 3 times less" than they are "to earn 10 times more:... No comment.
And if you ask, I'm sure that in Japan, Azumi san did not like it either. Under his command, the BoJ intervenes massively and daily on the forex markets to put a stop on the Yen strength and help out Japanese exporters, and you come out with the kind of announcement which triggers a rally to safe heaven currencies.
But we had not seen it all. Indeed, you last trick: telling us this morning that the referendum would take place on December 4th, to explain us this afternoon that it would most likely not happen... Sweet!
Though to be honest with you, the news came out 1 hour ago, and looking at the charts, looks like the markets don't listen to you anymore. Surprised?
And to conclude, I was wondering where you would go on vacation next as you may not be welcome anymore in lots of countries, but then I realized you still have Santorini... Arghh!
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