Most of what needs to be changed in the euro zone can be done without treaty changes. The demand for treaty change is as political as it is legal and I don't think it's going to happen soon.

Summary

This quote suggests that the necessary changes required in the euro zone can be achieved without making changes to existing treaties. It highlights that the demand for treaty change is influenced not only by legal requirements but also by political factors. The speaker expresses skepticism about the possibility of treaty changes occurring in the near future, indicating that alternative methods may be pursued to address the issues within the euro zone.

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