Noonan gave an interesting speech in Dublin today.
He said that the role of the EU Commission (with its very carefully negotiated balance of power between larger and smaller states) has been substantially pushed aside by "the larger countries" - i.e. Germany and France.
He also said that the IMF - which is not part of the EU at all - has a greater role than the ECB.
Yesterday and today we have had the spectacle of Papandreou, leader of a sovereign state, being berated on plans for a referendum, and ordered to word any referendum to include a choice to leave the Eurozone. Also, reportedly, severe pressures were put on for a national government in Greece, without a general election. There is even talk of specific individuals being wanted in Government by "the larger countries."
So, I thought that it was time for a thread on the political (rather than economic) transformation of the EU.