By Timothy Garton Ash – If we are witnessing the euro being saved, this is a triumph of fear, not of hope. Other great moments of the European project – the introduction of the single market, 1989, successive enlargements, the launch of the euro itself – were driven by hope. Here, it is fear that has led Germany and others to do the minimum necessary.
If the euro-zone does not return to growth, or does so only in a few better-placed countries, these resentments will multiply. Even if it does, there will be a legacy of bitterness. More and more people inside Europe will ask: “So what is this Europe really for?” more> http://tinyurl.com/74lln9v
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Source: the Net economy
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