Europe’s Sovereignty Crisis
More than ever, the EU must combine greater stability, financial transfers, and mutual solidarity in order to avoid collapsing under the weight of the ongoing sovereign-debt crisis. If EU member states' leaders do not even try, their defeat – and that of Europe – is certain.
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BERLIN – Finally, German Chancellor Angela Merkel has accepted a new form of European Union. More than ever, the EU must combine greater stability, financial transfers, and mutual solidarity if the entire European project is to be prevented from collapsing under the weight of the ongoing sovereign-debt crisis.