and they did it,". He says reforms undertaken by communist dictatorships never lead to systemic change without an active opposition creating what he calls a "civil society movement."
VOA: standard.2009.11.03
Systemicreforms will be needed, including some mutualisation of debts and a move towards a banking union, with euro-wide oversight and responsibility for banks.
She wants some tough changes and is trying to push these reforms through a non-profit group called the Systemic Risk Council, which is backed by the Pew Charitable Trusts.