CIAO DATE: 08/2010
June 2010
Peterson Institute for International Economics
Nothing is easier than pointing fingers at policymakers working feverishly at 2 a.m. to contain a rapidly spreading financial crisis. Rarely has this been truer for the European Union than during the current crisis’s amateurish policy management. Yet, what really matters is the final result, which is far more positive for Europe than the ugly sausage-making process.
Resource link: In Defense of Europe's Grand Bargain [PDF] - 180K