‘Yes we can’ Europe can solve this crisis – if it wants to

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Daniel Gros
08 December 2011
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Even if the best possible agreement is struck by the European Council meeting in Brussels December 7th-8th, the crisis will not suddenly be over. But this Commentary suggests a formula whereby it could at least be contained, thus giving countries such as Italy or Spain the time they need to show that they can get their deficits under control and turn their economies around.

Daniel Gros is Director of the Centre for European Policy Studies, Brussels.