It must also explain where they will come

Attention! Consensus view about wisdom. There would be one side the Gentiles who say their willingness, and the other villains who have their doubts. Disinterested clarity and speculative opacity. States drawing the road to a rabble of investors desperate to break.

But this is not the reality. Behind the anonymous markets, there is plenty of savers, via managers of pension funds, mutual funds or life insurance, seeking to put money by combining performance and security. A goal more difficult to achieve in a world where certainties Flying shrapnel. The States which had become the ultimate guarantors after the great depression, are now vulnerable.

Behind the States, there are elected representatives for re-election and the administrative machinery which have specific targets - power, money, survival, etc. And behind the will of States, there are also doubts. Because there is often a gap between the words and acts, a gap which sometimes so hollow that he became budget chasm. Difficult then to ask "to the markets" to lend as if nothing had.

It is precisely this gap that is at stake in the current unrest. The countries of the euro area announced eight days ago a plan of support to States in financial difficulty. Of course, they acted too late, but with the ample time, well built and adapted to the target device. It is therefore good news. Supporters of the EU rightly welcomed the emergence of solidarity between national budgets, which could constitute the first real economic breakthrough since almost 20 years.

But today, it is not enough to promise hundreds of billions to reassure. It must also explain where they will come. This is where things get complicated. Because even in the most generous societies, solidarity rarely expresses bleeds. Back to an old theme Sarkozy: no rights without duties.

Let's be more concrete: If the Germany is committed to help its neighbours, it is normal and legitimate it asks in return a system to avoid that neighbours do the shit. As the shit of the moment are budget, Berlin seeks a more binding budget device.

Indeed, such a system had been planned for national budgets in the monetary union: the stability and Growth Pact. It was certainly a "stupid" device, as stated by the President of the European Commission, Romano Prodi. But he had the merit to exist. Until 2003, where said Pact ought to appliquer to the France and the Germany. Weakened by the slowdown in the economy, their public finances then emanated a deficit exceeding the fateful threshold of 3. Brussels spoke of sanctions. In retaliation, Paris and Berlin flatly blasted the Pact.

How become credible after such a hit The Germany gave his answer: it has tight screw, up to release a budget surplus in 2007. The France, she continued as before. It has never reduced its deficit below 2 percent of GDP. Last year, it was the tassel: we have more than 8 of deficit, while our neighbours, in a double deeper recession, have contained it 3!

If we want more solidarity in the Union, as ever claim our President, we must also accept more constraints from the Union. Gold so far, our leaders (from left to right) were the champions of doublespeak. Ultra-Européens on the world stage, anti-Bruxelles the country. This double language found in our public accounts: in the decade that preceded the crisis financial, public debt increased by five points of GDP in France while it retreated from seven points in the euro area. A more caring Europe Chick. But are we ready to accept that Brussels can for example give the choice between a reduction of the salaries of civil servants and an increase in VAT tomorrow in Paris