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A declaration agreed to by the euro countries late Thursday promised to improve economic governance — or in the French version of the text "economic government" — but, in truth, there is no consensus on what this means under either translation.
We don't need a European economic government".
Mr Sarkozy is hailing the advent of European "economic government".
"No one knows what economic government is," he says.
PARIS — Does the euro zone need an economic government?
Some form of European "economic government" is now inevitable.
There has long been talk of an "economic government".
What exactly would this "economic government" do, and with what powers?
Lionel Jospin, France's prime minister, called last week for an "economic government" for Europe.
The 17 eurozone countries are talking of creating one economic government with a single tax policy.
Or that when they call for "economic government", they mean imposing costly social rules on all.
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