The President of the Economics and Finance Council (and also of Eurogroup) Jean-Claude Juncker, has a very clear vision of the changes to be made to the application of the Stability and Growth Pact, which broadly match the ideas of European Commissioner for Economic and Financial Affairs, Joaquin Almunia. This clarity is the first precondition for success because although there are still divisions between some Member States on the issue, it is becoming impossible to proceed without a degree...