Indispensable and advantageous. I wasn't wrong to think that one should accept everything Jean-Claude Juncker said in his outburst at the end of the Ecofin Council. He had threatened to not submit the much awaited draft to the next European summit. The draft aims to revise how the Stability Pact works (see this section 11 March). His warning contained a lesson and appealed to wisdom. In fact, the following day, he again began his high level contacts and made it clear that he still believed...