Thursday 8 December 2016

Brendan Keenan: Political price of saving euro may be fiscal union

Published 12/10/2011 | 05:00

TYPICAL. You wait years for serious proposals to deal with the euro crisis, and a whole convoy of them come along at once.

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Well, we'll have to see how serious they are. Although the Berlin/Paris proposal bus left the depot first, the Commission bus will be first to arrive. This plethora of proposals shows that not only is the future of the euro at stake, but the political future of the European Union.

France and Germany have taken the lead in the crisis by agreeing plans between them.

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