Yet with Slovakia hoping to win an invitation to EMU in April-May this year, the take-it-or-leave-it approach to the euro-zone membership in east-central Europe may give way to a much greater sense of urgency.
The political risk to the euro zone's austerity-first policy approach has been all the greater because there is little hard evidence yet to demonstrate it works.
Up to now, the Internet has been a light-touch regulatory zone, and free-market advocates have argued that its success depends on an approach that is largely hands-off.