''..Those in Europe who would like to see a further integration of the EU see the crisis as an opportunity. German Finance Minister Wolfgang Schäuble recently noted in a speech that the EU has always made its greatest steps forward in times of difficulty. The crisis mechanism may ultimately turn out to be the latest such advance.
But the last word has not yet been spoken. It remains to be seen whether moving to protect the EU's weaker members from their vast mountains of debt binds Europe closer together -- or whether it could even accelerate the process, seen this year, of euro-zone members drifting ever further apart..''
No comments:
Post a Comment