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    Courtesy The Week.

    The plan isn`t perfect but the EU leaders will do what it takes to make the Euro work because they recognise it`s the best way forward for Europe.

    In an increasing interdependent world,it makes sense to pool resources and impose some common rules.Greece,outside the Euro, could have unilaterally defaulted on its debts and prompted a wider bank collapse-all to preserve retirement at 53 and the middle classes paying no taxes.

    Someone in the Brussles bubble should have told the decision makers what was really happening among Greece`s grassroots.

    Two Bank quotes of the week.

    Bob Diamond;We have to accept responsibility for what has gone wrong.Most importantly we have to use the lessons learned to become better and more effective citizens.

    Boris;...........the leper colony in the City of London.

    No mention of Gordon Brown!

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