This from a news story this morning in the Wall Street Journal
‘ Greece’s eurozone creditors agreed to unblock previously suspended debt-relief measures for the country, after Athens assured them that a Christmas gift it offered pensioners would be a one-off.’
The country was not suppose to do this at all under previous agreements . But in true present day Greek fashion they broke the rules and in true European Union fashion the European creditors accepted the violation.
I mean when you dig into the Eurozone operations there are more ‘one offs ‘ than anything else. France a few years ago falsely excluded their military spending to make the expenditure / GDP rule. And so it goes. You wonder why the British were skeptical and wanted out ?
It’s a place where exceptions seem to be the rule .