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Delo - Slovenia | Wednesday, October 12, 2011

Eurozone needs more discipline

The faltering plans to extend the EFSF euro bailout should not be the only measure aimed at combating the European debt crisis, writes theleft-liberal daily Delo: "The Eurozone must once more return to a strict limitation of budget deficits and common debt. In as far as possible sanctions for deficit sinners should be automatic, and at the very least a common control mechanism should be pushed through. And if banks keep lending money to irresponsible states they should be made to pay the price. The corruption which afflicts Greece and other states must be fought as soon as it becomes apparent."

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