Decisive action needed to stem economic crisis

It doesn’t do us any good to worry about the eurozone crisis — but talk of Brussels limiting ATM withdrawals if Greece leaves the eurozone serve to concentrate the mind.

Then again, perhaps the commission leaking details of these doomsday measures will galvanise European leaders to act more decisively on the economic crisis.

For example, maybe it helped convince German Chancellor Angela Merkel to miss out on her visit to Rio de Janeiro for the climate conference — she says she will instead return to Germany after this weekend’s Group of 20 summit in Mexico, in order to prepare for an EU summit on the financial crisis at the end of the month.