EU ministers has overnight agreed to found a 750 billion euro currency fund to ensure that countries with problems, (read Greece, Portugal, Spain, England and Ireland), shall be guaranted loans to “the right marketprice” when they are in need of additional loans.
I hope that the decision is biting on “the free market forces”. I am now going to Vilnius to participate in the EPP group’s spring meeting. It will be interesting to hear how the heads of state and finance ministers from the conservative controlled nations will speak. Is the EU moving away from the only salvation “free market force theory” into the old socialistic system, where the  collective bears responsibility for the negligence of others?

Dela