EU Needs Shared Values and Sovereignty

EU Needs Shared Values and Sovereignty

TWO QUOTATIONS sum up a momentous week for the euro zone. After Thursday’s meeting of the European Central Bank its president Jean-Claude Trichet told a news conference: “If credibility comes back then everything will be very easy.” In Paris German finance minister Wolfgang Schäuble said: “While the financial markets want a European responsibility for financial and budgetary policies, public opinion does not.”

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