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Greece must exit the eurozone
José Manuel Barroso sings the Kinks. By far the strangest story of the weekend was news that the president of the European commission has taken to quoting Ray Davies, the quintessential English bard, in his speeches. Barroso burst into song in Brussels last week with his rendition of Village Green Preservation Society, complete with its references to Desperate Dan and strawberry jam, to make a point about emissions trading. This is a trend to be encouraged. With the crisis in Greece threatening the stability of the euro area, we could have Jean-Claude Trichet belting out the lyrics to Where Have All the Good Times ... (full story)
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