Monday, April 18, 2011

The European Union in deep trouble

by Gideon Rachman

Financial Times

April 17, 2011

What do the following stories have in common?

1. France has started to block trains from Italy to intercept illegal migrants from North Africa.

2. A Eurosceptic party has made big gains in the Finnish general election.

3. Political squabbling in Portugal is raising doubt about the country’s ability to negotiate a bail-out.

4. There are growing demands in Greece for the country to default on its debts.

Answer: These are all symptoms of the same problem. The political understandings that underpin the EU are beginning to unravel.

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