Cyprus Presidency is Like Letting a Dog Guard Sausages

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“This is the paradox of the European Union, that the dog should be put in charge of the supply of sausages!” said Kurt Lauk, president of the economic advisory board linked to Merkel’s centre-right Christian Democrats¬†

“It is unacceptable that a country which has had to seek a bailout can take over the presidency of the EU Council,” he said, adding that he doubted whether Greek Cyprus, the euro zone’s third smallest economy, had the authority to give direction on stabilizing Europe.

“How can Greek Cyprus engage in crisis management when it is in the middle of a crisis itself?” Lauk asked.

“We will never be able to heal Europe if the president is lying in intensive care with a highly contagious disease.”

Lauk called for all countries which have received bailouts – which also include Spain, Portugal, Ireland and Greece – to be barred from holding the EU presidency, which helps to set the agenda of the 27-nation bloc.” [Hurriyet Daily News]

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