Plan for euro
Published 24/08/2011 | 05:00
•Enough of 'Paddy the Victim' moaning. It's time for phased and coherent action.
The heads of government from the European Union must lock themselves into the mock-chateaux in the Ardennes, with only a diet of rye bread and black tea.
They must agree not to leave until they have come up with a credible, short-term two- to three-year plan to stabilise the euro and the EU. This mechanism, called 'stopping the clock', was used again and again in the earlier days of the construction of the EU -- and was supremely successful.