"But the row was inflamed later on Friday by German Chancellor Gerhard Schroeder who publicly suggested that the bank could do better.
'I am more than respectful of the ECB's independence. Its policy is always reasonable. But it could still be more reasonable,' said the leader of Europe's largest economy."
It's amazing to think that just three short years ago, Oskar Lafontaine was all but tarred and feathered for mildly hinting at what the French Finance Minister and Schroeder are now openly demanding: sane interest rate policies and Eurokeynesianism.
-- Dennis