“Monetary policy is a serious issue,” the Eurogroup chair told an audience in April. “We should discuss this in secret, in the Eurogroup. . . . If we indicate possible decisions, we are fueling speculations on the financial markets and we are throwing in misery mainly the people we are trying to safeguard from this. . . . I am for secret, dark debates. . . . I’m ready to be insulted as being insufficiently democratic, but I want to be serious. . . . When it becomes serious, you have to lie.”
