If Spain Goes Under, Italy Will Come

Growth In Any Individual European Country Has To Be The Result Of Policies For Growth Pursued In That Country Consistent With Budgetary Discipline.

Italy Needed Structural Reforms To Become More Competitive.

This Is Certainly Not The First Case In Which A Merger Approved In One Place Hasn't Gone Through In The Other. There Was A Case Last Year Where The Merger Between Two Eu Companies Was Approved Here And Blocked In The U.s.

As To The Question Of Elected Or Not Elected, Each Member Of The European Commission Has Been Appointed Jointly By The Governments Of The 15 Member States, And Undergone Individual Scrutiny And A Vote Of Confidence From The European Parliament.

If Governments Let Themselves Be Fully Bound By The Decisions Of Their Parliaments Without Protecting Their Own Freedom To Act, A Breakup Of Europe Would Be A More Probable Outcome Than Deeper Integration.