Wednesday, March 10, 2010

EMF will need a new treaty but how will it get one?

Angela Merkel is right to say that a European Monetary Fund needs to be set up post the Greek crisis and that that will need a new treaty among members. What a nightmare for everyone given the difficulties of Lisbon! If this was a multinational business the leaders would engage an independent specialist who could prepare the way, research all the key players, advise on the major issues and facilitate a way forward. The aim is to find a solution to a practical need rather than a political one.
After advising on 26 merger and acquisitions this is how to overcome the challenges to reaching agreement between different stakeholders. The EU is unlikely to hire People in Business but after 20 years this is an approach that works
Simon Barrow
People in Business