Better the Brussels we know than the IMF we don’t

Do we want to be run by Brussels or Washington?

15th May, 2010

Do we want to be run by Brussels or Washington?

Forget last week’s debate about what control Brussels will have over our national budget – though it obviously isn’t a trivial matter. In the wake of the Greek crisis, Europe looks set to use the existing rules, as opposed to the previous policy of ignoring them.

Much fun can be expected here. Are we talking about a bureaucratic control procedure that...

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