Saturday 11 July 2015

The Eurogroup has to take a decision that is clear

The Eurogroup meeting of finance ministers is still on at the very end of this evening. It has been a long meeting. And also a very tense discussion, from what I can understand at this stage. All this shows that the EU is confronted with a very serious crisis that has a major impact on Greece, of course, but also on the rest of euro zone countries.

It is time to be very balanced and to think positively. It is also time to be very clear, in one direction or the other.

Major crisis are complex matters, difficult to decide upon, but at the same time they call for clarity. People want to know the direction things will take.

Politics is about opting. And in the case of a grave situation is also about making sure that whatever is decided is the most reasonable approach, among a choice of options that are all rather painful. 

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