Wednesday, October 12, 2011

Mighty Slovakia Bails Out Europe


Sounds like a headline in The Onion, doesn't it? Well, it's really real. As the Autumn 2011 Glenn Fellows learned last week at the K Street offices of the E.U. delegation to the United States, the European Union, like the Congress under the Articles of Confederation, needs unanimity from its members to do anything of significance. That lesson has been on display this week in Bratislava, capital of the Slovak Republic, where a governing coalition was undone by rejection of the bailout fund, and where, today, a new government appears ready to sign off on the deal.

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