Europe: Dangerous eurozone limbo

Europe: Dangerous eurozone limbo

Press quote (BBC News)
Simon Tilford
16 July 2012

Simon Tilford from the CER summed it up in a paper like this: "Unfortunately, the agreed measures (at the summit) were modest and have already prompted a backlash in various countries, not least in Germany and the Netherlands. Indeed, much of what was agreed at the summit is unlikely to come into effect. All this suggests that the limits of the politically possible may already have been reached."