"There was no clear definition of success in a complex and evolving situation, " the PAC report said.

BBC: Report critical of Rock response

Once you consider the enormity of this - a situation that many in modern politics, finance and economics might regard as the definition of "unfreedom", you understand why it has become so hard for Barroso, Merkel et al to formulate a plan.

BBC: Thinking outside the 1930s box