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“There will be a surrender of sovereignty, but not quickly or emphatically enough”

By Tania Suárez, in Madrid | Intermoney chief economist José Carlos Díez considers that a monetary union with stability and credibility will not be possible unless there is a surrender of sovereignty. He adds that it is not only Germany the one that must be flexible in its position, but all member countries alike. Can be the Thursday-to-Friday summit  considered as “the definitive” or will it result into a new…