Scottish Labour MSP Elaine Murray said benefit reforms were necessary, "but not these ones".

BBC: Housing benefit reform debate

He told the BBC that while eurobonds would make it much cheaper for countries like Greece and Italy to borrow, they could also give the eurozone a "strong stick" by denying governments the right to use eurobonds if they did not carry out necessary financial reforms.

BBC: George Soros backs joint eurozone debts to solve crisis

Yet in the first weeks since his Dec. 18 election, Kim has shown he may have the stuff of leadership, reassuring international bankers that he will not shy from tough but necessary economic reforms.

CNN: A year of Living Dangerously