As the Banif soap opera unrolls (or should I say unravels), we now hear that our hard-working European buddies have been "most concerned" about Banif, for "quite some time" (at least, three years worth of "quite some time") and that there were "frequent contacts" between Lisbon and Brussels during this "quite some time".
Possibly for ordering pastéis de nata.
It all brings to mind Wheelie Boy, the German Finance Minister, when the Cyprus crisis blasted. I'll never forget good old WB going "Cyprus has been at this for years", and then surprinsigly leaving out what he - and all the other people who knew that "Cyprus had been at it for years" - had done to correct the problem. I can tell what all those marvelous hard-working people did, and I won't even have to bore you with details; fortunately for all of us, the English language has one word that neatly resumes all the effort put in by WB and other likewise hard-workers: Nothing.
And that is also what we have here. Our hard-working European buddies have been "most concerned", in "frequent contacts" (here's hoping they enjoyed their pastéis de nata), and... nothing happened.
Our ex-dear leader and his remarkable team sat on their asses for, at least, three years, and our hard-working European buddies... did the exact same thing.
It's good to know we're finally as efficient and as productive as our hard-working European buddies.
PS: Yes, yes, another Mea Culpa from the IMF. Who cares?
