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Tuesday, July 14, 2015

Bankers are in a sweat over Greece – but not Milk Tray man Mark Carney

Bank of England governor spoke to MPs about the Greek crisis in a drawl that was so laid-back as to be threatening, while his colleague failed at simple maths Urbane, tanned, decked out in accessories as featured in this month’s GQ and smooth. Very smooth. Mark Carney is the Milk Tray man de nos jours. While other European bankers have been getting into a sweat over Greece, the governor of the Bank of England gives the impression of a man who has just been on holiday there. Not even an imminent eurozone crisis could shift him from chilling on his sun lounger. Carney is a man who never worries about missing a pedalo, because there’s always another one coming along soon. So when Milk Tray man told the first meeting of this parliament’s Treasury select committee that “eyes would have to be kept open on this”, everyone knew the latest Greek bailout deal would almost certainly end in disaster. To prove his point, Carney raised his hooded eyelids a millimetre. “There are big execution risks,” he said in a Canadian drawl that was so laid-back as to be threatening. Greece might as well hand over the keys of the Parthenon to Germany right now. Related: Back to zero inflation: falling food and clothing prices drag rate back to 0% Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com