But is it too late? The stupidity of the European Commission never fails to depress me. The EC is angling for a 7% budget increase next year. You couldn't make it up!
http://www.telegraph.co.uk/finance/financialcrisis/9226543/Brussels-to-relax-3pc-fiscal-targets-as-revolt-spreads.html
See also:
http://www.telegraph.co.uk/finance/financialcrisis/9225880/ECB-chief-Mario-Draghi-calls-for-euro-growth-compact.html
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