EMU's second leg. Yesterday's overview on the way the financial and economic crisis is developing from the European point of view left aside one aspect: the economic governance of the eurozone. Its absence is increasingly denounced as an unaffordable shortcoming. On the occasion of the single currency's tenth anniversary, Jacques Delors had set the tone by expressing regret and disapproval about the fact that the birth of the euro had not been accompanied by the creation, as he had...