If Spain goes under, Italy will come under even more scrutiny.

Reference to the territory and total disregard for the nationality of the companies is of course the best guarantee that competition assessment remain just that and doesn't get affected by trade or other considerations.

Not all Greeks are ready to do whatever is necessary to stay in the euro.

If Spain goes under, Italy will come under even more scrutiny.

If the euro becomes a factor promoting Europe's drifting apart, then the foundation of the European project is destroyed.

Europe has to avoid old prejudices and new ones. That means north versus south, rich versus poor.

I have the most profound respect for the Department of Justice and the FTC. We in Europe are a younger and I would say junior institution to the historical antitrust experience of the US.