As noted here yesterday, 12 of the 27 EU member states need in-depth reviews of macro economic imbalances, according to the EU.

  • UK
  • Spain
  • France
  • Italy
  • Belgium
  • Finland
  • Cyprus
  • Slovenia
  • Bulgaria
  • Hungary
  • Sweden
  • Denmark

Like most things in the EU, I’m sure reams of paper and thousands of man hours will be wasted on in-depth reviews which will promptly be mis-filed and forgotten…