Mr. Cox also referred to the EU method. I want to tease that out with him. The European system is one based on the equality of all countries, from the smallest country, Luxembourg, to the biggest country, whether it be France, Germany or Britain. Does Mr. Cox agree that last Tuesday morning, at a meeting of the Finance Ministers of the Council of Europe, that notion was destroyed when France and Germany got their way in not having penalties imposed on them despite clearly and deliberately breaching the rules of the Stability and Growth Pact? Either there is one law for every country or there is not and I would be interested to hear the President's comments on that development. It will clearly require a re-negotiation of the very pact that allowed the eurozone countries to establish the currency.