WSJ adds:
The seven-page report sets out ideas for the future functioning of the currency union, including forcing governments to get approval for budget deficits from other euro-zone countries and requiring them to possibly adapt their spending and tax plans, in an effort to fight off the debt crisis that has convulsed the bloc.Helluva a plan to tie the people of the EZ into knots, but still has no mention of how the plan will result in EZ debt is going to be paid for.
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