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  • EU Fix: Good Enough, Not Great

    At their Summit, leaders provided the foundation for a potentially stronger and less imperfect Eurozone. But they did not go far enough in combining the emphasis on fiscal discipline with growth and jobs, together with real institutional robustness. Meanwhile, they opened what could well prove to be quite a destabilizing Pandora’s box.

    At their Summit, leaders provided the foundation for a potentially stronger and less imperfect Eurozone. But they did not go far enough in combining the emphasis on fiscal discipline with growth and jobs, together with real institutional robustness. Meanwhile, they opened what could well prove to be quite a destabilizing Pandora’s box.

    British Prime Minister Cameron would have no part of the treaty changes proposed by his French and German counterparts. I suspect that this is a leading indicator of broader political strains that will get worse.

    Additional tensions are likely to surface as leaders return to their domestic constituencies and, importantly, as the Summit’s broad agreements get translated into specifics.

    This is not only about stress between the 17 Eurozone countries and the 10 other members of the European Union (such as Britain) that are not members of the zone. It is also about frictions within each group.

    Read Full Article in Huffington Post.com

    Good luck.

    Calvin Wilson
    Founder and CEO
    Upstart: Business and Management for 20-40 Year Old Professionals
    calvin.wilson1@verizon.net
    http://twitter.com/Upstart__Nation

    Filed Under: Global Business

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