Thursday, 8 December 2011

Eurozone politics

This week I have been in negotiations on bank deposit schemes (where France and Italy disagree with Germany), on mortgage agreements (where Spain disagrees with Italy and Netherlands) on energy efficiency measures (where Finland disagrees with Germany and they both disagree with France), Eurozone countries even disagree about how chickens lay eggs. The crisis may lead the Eurozone to share decisions on National deficits and debts, perhaps they will allow the ECB to transfer bad debts from banks to governments, possibly even to guaranteeing each others debts, but it seems very unlikely they would agree to vote as a block on EU legislation.

1 comment:

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