• If troika report delayed, even more urgent to ratify EFSF, ESM
• Greece will not be able to be fully competitive, have a fully functioning administration by 2015
• Should talk with Britain over “package” to implement EU-wide financial transaction tax (don’t waste your breathe)
• Euro bonds will not be available in the crisis, warns urgently against them
• Euro bonds would accentuate problems as they make further borrowing easier