To: The Right Honorable European Commission President José Manuel Barroso From: Athinarayanan Sanjeevraja RE: EU Summit Suggestions Good Morning President. The EU summit has brought major changes in the way the debt crisis can be handled. The European Council decisions offer new instruments to shape a sustainable solution for the Greece situation but European Council fail to eradicate all uncertainty concerning the eventual outcome of the Euro-zone debt crisis. The stability of the Euro-zone will depend on fiscal and economic policies and that foster progress towards a EU political union. I would like to highlight one important objection to debt monetization is that it leads to increases in a country’s money supply, devaluing its currency and weakening consumer purchasing power. But weak Euro policies will bring renewed export power to the European economies as well as increasing consumer wealth in creditor economies. This is precisely the kind of rebalancing t...