Sorry to be so simplistic but it really is time for struggling European countries to revert to their own currencies - and their own unhindered governance. (N.B. if you would like a grand view of what's wrong with Europe then look up Nigel Farage on YouTube)
So, who knows how to govern Spain best? Certainly not a multi-national European coalition of "experts" cavorting under the influence of a wasteful European Parliament ! Who then? Why the Spanish people of course!!
Likewise the other financially struggling countries of Europe - Portugal, Greece, Italy, and Ireland - each know best how their people will react, and what is really needed to get each of their countries through these difficult financial times. But they have very little say in matters. Look at Greece for example.
We can guess what will happen when shortly representatives of the International Monetary Fund (IMF), the European Commission (EC), and the European Central Bank (ECB) swoop. They're going to check up on the poor buggers' recent performance. I'm going to wager that not much has changed ( bless the Greek people and jolly good luck to them ) and the so the Representatives will leave dissatisfied and in a dilemma. To be frank, I would like to see the EC and the ECB despatched with a flea in their ears. ( I see the IMF in a quite different, more favourable, light - but maybe that's a blog for another day.)
Left alone to govern their country, and reverting to their own currency,I am sure the resourceful Greek people would find an acceptable solution to things. That is a solution acceptable to the Greek people; not a solution acceptable to the rest of the collapsing Eurozone participants.
Wow ! How splendid would it be to see the courageous, proud, and magnificent Spanish and Portuguese revert to their own currencies and then deal, without interference, with their own issues absolutely through their own Parliaments?
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