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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (15572)	6/20/2004 5:31:09 AM
From: Haim R. Branisteanu	Read Replies (1) of 110194

`Blockade' German Chancellor Gerhard Schroeder accused U.K. Prime Minister Tony Blair and Italian Prime Minister Silvio Berlusconi of allying with European conservative parties in a ``blockade'' of the German and French-backed candidate, Belgian Prime Minister Guy Verhofstadt. Denouncing ``the blockade policy and power politics,'' Schroeder said that ``with Guy Verhofstadt we would have a European by conviction who can do this job, and I regret that we've not been able to agree, at least not yet.'' EU leaders postponed the decision of who will succeed Romano Prodi for the five-year term starting Nov. 1. Patten and Verhofstadt bowed out. The Belgian leader told a press conference that he was ``no longer available'' for the job. The clash echoed past personnel disputes in the EU, such as Britain's veto of another Belgian leader, Jean-Luc Dehaene, for the commission post in 1994 and Chirac's move in 1998 to force the first president of the European Central Bank, Wim Duisenberg, to step down early to make way for a Frenchman. quote.bloomberg.com

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