Nothing seems to have been agreed at the Cannes summit, even though you might have thought it was urgent.
One small change has been noticed by the Economist: several officials seem to have a badge marked 'Groupe de Francfort' which appears to be a loose structure of leaders, finance ministers and anyone they invite to their deliberations. More bureaucrats, still no result. The very fact that the whole thing was derailed by one member saying he wanted to consult his electorate is an indication of what sort of people we have here.
The anti-democrats immediately told Greece that the vote should be on whether they stay in the EU, even though it is not in fact necessary to be in the euro to be in the EU (Britain is an example). Then they told Italy to submit to IMF monitoring of its adherence to Berlusconi's 15 page letter presented to the previous meeting.
Both these countries, Greece and Italy, have now lost their democratic independence and are forced to be satellites of Germany.
And they say the EU is the guarantor of peace in Europe!
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