No stopping technocrats as Europe crisis brings down governments
While the appointments in Greece and Italy avoided snap elections that may have created even greater turbulence in financial markets, governments made up of non-political experts can't make up for the single currency’s flaws, said Philip Whyte at the CER . ... "There's a deep flaw in the structure of the common currency and that's not something that technocratic governments can do anything about ... Monetary union without fiscal and political union is inherently unstable."