Eurozone agrees to follow the original rules

Eurozone agrees to follow the original rules

Press quote (New York Times)
Simon Tilford
09 December 2011

Simon Tilford of the CER, says the agreement in Brussels is superficial and fails to address the underlying problems. "It's little more than a stability pact with lipstick,” Mr Tilford said. "It's hard-wired austerity into the framework of the European Union," he added. "That's not going to do anything to solve the crisis."