Herman Van Rompuy insists. Why does the president of the European Council think that the semantic quibbling over whether to choose the term economic coordination or economic governance for the eurozone is absurd? Because, in his opinion, economic government already exists. In his speech in Lille (EUROPE 10117) he declared: “The members of the European Council believe, as I do, that the European Council should play the role of economic government. It is the only way of developing the...