In his New Year message this evening in Brussels, Guy Verhofstadt states that 2011 must be the year when the Union shows leadership and decisive action.
"2010 has been a year of crisis for the EU, in particular for the euro but more broadly in the EU's inability to deal with it decisively which has resulted in market instability and a rise in euroscepticism.
Conversely, 2011 must be the year of action and decision; a credible strengthening of the Stability and Growth pact, the emergence of a eurobond market and genuine convergence of national economic policies.