Quote of the day:

"It is like a war when a country loses 20% of its GDP in 18 months. It is like a war when we have the reappearance of rations in European capitals. It is like a war when millions of young people, the best and the brightest, leave their countries behind...Greece, Italy, Spain, Portugal, Ireland and even France are in the midst of a forest fire which is spreading alarmingly fast. The belief that such a fire can be stopped at national borders is misjudged. The European Council has been shrunk by the authority of its financial powerhouse, Germany." Anna Diamantopoulou, former European Commissioner wrote in a letter to Jacques Delors and Romano Prodi, two former commission heads. (Source: The Guardian)