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According to Münchau, that's all for next crisis, not for the current one.
(In our view, the European Council should consider bringing forward the date of the December 9 summit, and adopt proposals for a Treaty Reform for a fiscal union and Eurobonds right away. Without this, there will be no crisis resolution. At this rate of market panic, it is not clear that the eurozone will otherwise make it until December 9.)
(Eurointelligence)

To err is of course human. But to mess things up spectacularly, we need an elite — Yanis Varoufakis
by Carrie (migeru at eurotrib dot com) on Thu Nov 24th, 2011 at 05:55:40 AM EST
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