Tuesday 6 December 2016

Saving the euro is in all our interests and EU must now act decisively

Published 20/07/2011 | 05:00

EUROPE and the euro have been in the news for all the wrong reasons. As crisis after crisis has unfolded, it is understandable that Irish and European citizens have questioned the credibility of the EU. We are all concerned for our future. It is time we put heads together to find answers.

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Part of the problem is the scale and rapidity of the economic deterioration in the eurozone. Europe, by its very nature, is slow to respond.

We have always been excellent at inching towards agreement and finding consensus. In many respects, this has been the essence of the EU's success. But speed has never been its forte.

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