Jacques Delors was right all along. The disappointment, the disillusionment and the occasional indignation of Jacques Delors are all justified. Virtually everything being set in place to try and save the euro, with some delay and in the face of well-known problems and obstacles, was laid down in the initial plan for the single currency which he wrote, laying priority emphasis on drawing a parallel between the monetary and economic planks of the EMU, as its name indeed suggests: economic and...