The ECB believes that a true quantum leap is needed in the framework for surveillance and adjustment of fiscal policies, as well as broader macroeconomic policies concerned with Europe’s competitiveness. “La solidarité de fait ” that Robert Schuman called for 60 years ago is reflected in the degree of economic integration and interdependence already achieved in Monetary Union. But solidarity is a two-way street.
Whether I am on vacation or a community visit, I read neighborhoods the way that some people survey land for planting or spreadsheets for weak links or legal briefs for inconsistencies: boarded up rowhouse, not a grocery store in sight, multilane highway splitting the old commercial district.