Make the most of new room for manoeuvre

The central banks' move to cut interest rates is a hopeful sign, writes the liberal daily De Standaard: "But the real solution must come from other quarters. No one doubts that there are just a couple of days left to prevent the debt crisis from getting completely out of control. At the summit planned for the end of next week it will be about all or nothing. ... The central banks have created some political leeway, and fortunately there are signs that something is being done with this leeway. ... There is a growing consensus that there are no good or bad Eurozone countries. Because if the Eurozone collapses we'll all be in a pitiful state. It's sad that the crisis had to push Europe and the world to the brink of collapse before proper action was taken. We can only hope that everyone will now finally comprehend the need to break taboos and soothe tensions."

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