Commission must restore trust in Eurozone

The EU Commission needs to restore confidence in the Eurozone, the Spanish business paper Cinco Días writes: "Its first task is to prepare a convincing response to the doubts about the stability of public finances in the Eurozone. ... The response should be inspired by the application of the Stability Pact as well as the necessary solidarity measures. In the medium term the Commission should take advantage of the revision of the failed Lisbon Strategy to set up a genuine economic government for the Eurozone, with close surveillance of the pace of reforms in each country. This new pact which complements the Stability Pact should be signed in June, coinciding with the end of the Spanish EU presidency. If it is rigorously applied citizens and investors will regain their confidence in Brussels."

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