EU needs fewer presidents and a new budget 'tsar', say Finns

The EU needs fewer presidents and a new budget 'tsar' if it is to emerge from its current economic and political crisis, Finnish Europe minister Alexander Stubb has said.

Addressing students at the European College of Bruges, his Alma Mater, Stubb offered up a change in the EU's power structure as a way of breaking the haze of incoherence and multi-layered decision-making that has clogged up the bloc's response to the eurozone sovereign debt crisis.

"My solution would be to combin...