What This Weekend’s EU Summit Did And Did Not Achieve
Edward Hugh (March 2nd, 2009) Writes:
by Edward Hugh: Barcelona br /br /Well reading the press this morning it would be fairly easy to reach the conclusion that nothing really happened yesterday in Brussels, and that a great opportunity was lost. The latter may finally be true, but the former most certainly is not. br /br /Let's look first at what was not decided on Sunday. The leaders of the 27 member countries in the European Union most certainly did not vote to back a proposal from Hungarian Prime Minister Ferenc Gyurcsany for a 180-billion-euro ($228 billion) aid package for central and eastern Europe. They did not back it because it was not even seriously on the agenda at this point. These people move slowly and we need to talk them throught one step at a time. So what was on the agenda. EU bonds for one, and a href="http://edwardhughtoo.blogspot.com/2009/02/let-east-into-eurozone-now.html"accelerated euro membership for the East for ...
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Angela Merkel, Asa href;, Baltics, Barcelona, bloomberg, Brussels, Bulgaria, Claus Vistesen, Czech Republic, Eastern Europe, EBRD;, Economics, Edward Hugh, Estonia, EUR, Eurogroup;, Europe, european commission, European Union, eurozone banking system, eurozone finance ministers;, Ferenc Gyurcsány, France, Germany, HTML, Hungary, International Bank for Reconstruction and Development, International Monetary Fund, Investment Bank, Ireland, Jean-Claude Juncker;, Jimmy Cliff;, Latvia, Le Figaro, Lithuania, London, Luxembourg, Moody's Investors Service, Nicolas Sarkozy, Nigel Rendell;, Paul Krugman, Poland, Romania, Royal Bank of Canada, Serbia, the Economist, The World Bank;, Thomas Mirow;, Turkey, Ukraine, United Kingdom, United States, USD, Western Europe, Wolfgang Munchau
Angela Merkel, Asa href;, Baltics, Barcelona, bloomberg, Brussels, Bulgaria, Claus Vistesen, Czech Republic, Eastern Europe, EBRD;, Economics, Edward Hugh, Estonia, EUR, Eurogroup;, Europe, european commission, European Union, eurozone banking system, eurozone finance ministers;, Ferenc Gyurcsány, France, Germany, HTML, Hungary, International Bank for Reconstruction and Development, International Monetary Fund, Investment Bank, Ireland, Jean-Claude Juncker;, Jimmy Cliff;, Latvia, Le Figaro, Lithuania, London, Luxembourg, Moody's Investors Service, Nicolas Sarkozy, Nigel Rendell;, Paul Krugman, Poland, Romania, Royal Bank of Canada, Serbia, the Economist, The World Bank;, Thomas Mirow;, Turkey, Ukraine, United Kingdom, United States, USD, Western Europe, Wolfgang Munchau


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