Questions over new euro rescue ‘masterplan’ – New blog
The EU has this week been limbering up to reveal a last-ditch ‘masterplan’ to save the euro.* Over many months, a succession of summits have invented ever bigger sums of money the EU*hopes to throw at the eurozone debt crisis with seemingly little*idea of how to amass the money. So far the EU’s only strategy*appears [...]
The appearance of perpetual indecision on the substantive problems has also raised more fundamental questions about whether the EU as a decision-making structure is too rigid and incapable of acting with the dynamism required to secure Europe’s success.