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Europe Daily Bulletin No. 10080

18 February 2010
A LOOK BEHIND THE NEWS / A look behind the news, by ferdinando riccardi
Attempt to provide comprehensive assessment of European line on Greece

Loss of sovereignty for all. It's a fact - participation in the euro involves a loss of sovereignty, or rather the “pooling”, between eurozone countries, of a part of national sovereignty. By saying this explicitly to his people, Greek Prime Minister George Papandreou simply confirmed a truth. As for monetary aspects, they were already included in the texts which impose rules with regard to budgetary deficit, public debt and so forth. For economic aspects, the pooling of sovereignty is...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS