Shared debt and the ECB

So finally some sensible people are beginning to acknowledge that the euro issue cannot be solved by tough budgets.

No, the most urgent things are:

1 Sharing the debt. The euro countries cannot any more go their own way with Germany benefiting and Greece dying. There has to be shared debt burden and responsibility.

2 ECB as a lender of last resort. The ECB has to become the euro central bank, fully engaged in all the necessary banking activities that other central banks do.

Just those two simple things and the euro can become a valid currency. Without them it is just going to drag on and on, before eventual collapse.