31 May was, both literally and figuratively, a bright day. First of all there was Commissioner Pierre Moscovici who, when presenting the Commission’s “reflection paper” on deepening the euro zone, underlined, as Mathieu Bion reported (see EUROPEof 1 June), the need to act to make the single currency “a vehicle for shared prosperity”. He might have added “finally” for the benefit of citizens who could very well end up otherwise calling it into question for real.
The same day, in...