Avanti Dilettanti!
The failure of the euro – and thus of the EU and its Common Market – would be the biggest pan-European disaster since 1945. That this outtcome is possible – despite protestations to the contrary by all involved – reflects the willful ignorance and lack of imagination of Europe’s heads of state and government.
BERLIN – Returning to Europe lately after a six-day trip to the United States, I wondered for the first time while reading the press on the recent Irish crisis whether the euro – and thus the European Union – might possibly fail. This could happen because, in the long run, the EU won’t be able to withstand its conflicts of interest and the resulting process of “renationalization” in all member states without suffering grave damage.
BERLIN – Returning to Europe lately after a six-day trip to the United States, I wondered for the first time while reading the press on the recent Irish crisis whether the euro – and thus the European Union – might possibly fail. This could happen because, in the long run, the EU won’t be able to withstand its conflicts of interest and the resulting process of “renationalization” in all member states without suffering grave damage.