"We are no Portugal"

A solidariedade entre os estados-membros da UE até se cheira à distância...

“We are no Portugal”

We picked up this statement by Elena Salgado, who said she saw no reason to compare Spain with Ireland and Portugal. One can understand the wish not to be compared to Ireland, but Portugal? Is she saying that Portugal is like Ireland? Does she think Portugal will default? Or need EFSF funds? I think we should be told. So Ireland says it is not Greece. Portugal says it is not Ireland. Spain says it is not Portugal. And who knows, Italy may soon tell us that it is no Spain. It looks like there is a fire in the theatre, and they all rushing to the exit, everyone for themselves, against each other.

(via Eurointelligence)