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16 September 2011

グラハム・ビショップのブログ:経済ガバナンス改革にようやく合意したECOFIN(欧州連合の経済・財務相理事会)


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ECOFIN finally sees sense and agrees "six pack" with Parliament - good omen for a grand economic/political bargain soon.


Key is that Commission recommendation on policy and sanctions is automatically implemented unless overturned by a simple majority of the Member States. Ideally this should have required a stronger majority to overturn the Commission but this will do!

A major stumbling block to moving towards a political union of the eurozone has now been removed, so that is a good omen for a "grand bargain" at the October 18/19 Summit.

Graham Bishop, 16th September 2011



© Graham Bishop


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