Is the Convention against EMU reform? If I had to indicate the dossier where the Convention has made the least progress, I would have to say that it was reform of the Economic and Monetary Union (EMU). This idea is also shared by Antonio Vitorino. The European Commissioner and Convention Member declared at the end of last week that the "Economic Governance" workgroup at the Convention "has a very low ambition". The stakes are, however, significant: re-balancing the two sides of the EMU by...