Our news | 01/12/2010 

Article by Guy Verhofstadt, Former Belgium Prime Minister and member of Notre Europe's Committee.

It will soon be a year since the crisis concerning the euro flared up. At the end of last year, the newly-installed Greek government announced that its budget deficit would not be 3.7% but 13.7%. At around the same time the European Central Bank (ECB) announced its intention, in the context of its so-called exit strategy, no longer to accept BBB+ as security for providing liquidity to the banks...

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• Report Haug, Lamassoure, Verhofstadt: Europe for Growth : Towards a radical change in financing the EU
• "Europe must plan a reform, not a pact", Financial Times, 3rd March 2011