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But many were also able to run up "excessive profits" because of the lack of cost controls in the scheme.
The suspension had been proposed under EU Stability and Growth Pact rules, because Spain and Portugal had run up excessive deficits.
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The issue is particularly delicate because when France and Germany violated the original pact in 2003 by running up excessive deficits, the agreement was softened.
He is currently under investigation over separate allegations that he ran up excessive expenses on his credit card, which he denies.
The thought of running up excessive debt filled them with moral horror.
To survive, the Eurozone needs a combination of solidarity (so that a member in financial stress can count on its partners' support) and responsibility (so that no member runs up excessive debt hoping to be bailed out).
Run up.
Run up and hit it.
But don't run up.
They are products of an American system that runs up against social and familial boundaries that inhibit excessive training regimens.
But the crusade against excessive fees could run up against a formidable wall.
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