At that point, ineffective crisis management nearly destroyed the financial system and the economy.

FORBES

And the commission is delaying a bank crisis-management system.

ECONOMIST: Lots of rules, but not all good ones

This risk-management system apparently proved itself during the crisis in financial markets that followed Russia's default on its sovereign debt last August.

ECONOMIST: Investment banking

And in any case, it has conditions of its own: the euro zone must have a proper means of enforcing fiscal rules and a better crisis-management system.

ECONOMIST: Charlemagne