Never has the risk of disintegration been greater for Europe Mr Sarkozy informed us he ramped up the rhetoric before the Brussels summit. Begs the questions oft asked on this blog:
Why was the eurozone permitted to develop without fiscal union?
Why were countries admitted that failed to meet the criteria for membership?
What have the EU and the politicians been doing for the past 18 months?
It is the ones who conceived and gave birth to the sickly eurozone who failed to administer the appropriate medicine and are now fretting over whether the patient will live or die. It is a massive failure by political elites and EU commissars. In light of their record how in all honesty can we have any faith in their ability to sort out the mess they created?
http://www.bbc.co.uk/news/world-europe-16080530
No matter the posturing, breast-beating and hypocrisy that will be on display in industrial quantities at the EU summit, the real problems will continue. A damning report from the OECD on Greece offers little hope for the citizens of that nation. Never mind austerity, the administration of government is not fit for purpose. See
http://www.spiegel.de/international/europe/0,1518,802514,00.html
Finally, pithy round up of the day 8.12.2011
http://www.bbc.co.uk/news/world-europe-16100258
KENT COMMUNITY ACTIVIST: acerbic, carping, caustic, curmudgeonly,critical, cynical, grumpy, moaning, sardonic and plain speaking.
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