Does anyone really believe the European Union can co-ordinate an effective response in quick time
Despite all that has happened (or not!) over the past few months, so called intelligent individuals appear to still believe that European Union finance ministers really are capable of co-ordinating effective recapitalisations of financial institutions, in quick time. Surely we have all learned that the European Union, in any of its branches, is incapable of achieving anything in a normal and expected timescale.
The Financial Times reports that, European Union finance minsters have agreed…
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