The euro zone must strike for a better governance structure, and there is no alternative to that. Euro zone countries must either develop an exit mechanism for troubled members, or it should embrace a closer political union: an effective governance structure that is capable of enforcing rules.
Lou JiweiRelated topics
alternative closer effective embrace exit governance mechanism political should strike structure union zone euro rulesRelated quotes
In brief, nationalism is a theory of political legitimacy, which requires the ethnic boundaries should not be cut across political ones, and, in particular, that ethnic boundaries within a given state a contingency already formally excluded by the principle in its general formulation should not separate the power holders from the rest.
Ernest Gellner
Arthur Scargill's leadership of the miners' strike has been a disgrace. The price to be paid for his folly will be immense. He will have destroyed the N.U.M. as an effective fighting force within British trade unionism for the next 20 years. If kamikaze pilots were to form their own union, Arthur would be an ideal choice for leader.
Jimmy Reid
Greece has given Europe the opportunity to fix a defect in the euro zone, that is the fact that we did not have a fiscal union. Now steps have been taken to begin that process. And there is more solidarity from nation to nation, and that is a good thing. That has been Greece's gift to Europe.
George Papandreou
I can confirm that Poland will join the euro zone, and not just because all the treaties are signed, but because I consider it of strategic interest both for Poland and the European Union. But only a fool would believe that the euro could provide a guarantee that a financial crisis would never happen again.
Donald Tusk
