Wall Street Journal
February 7, 2011
When "the European Project" was conceived a goal was to contain Germany—create a European Germany as an alternative to the other possibility, a German Europe.
For a while it looked as if the founders had succeeded, especially when they created the euro as the most important step toward the replacement of nation states with a European Union, or at least a euro zone. Then came the financial crisis in the periphery countries, and the emergence of Germany as the principal source of funds to prevent (postpone, or conceal, would be more accurate descriptions) the restructuring of the debts of Greece, Ireland, Portugal and perhaps Spain and Italy, not to mention Belgium, home of the burgeoning eurocracy, and a nation seemingly incapable of forming a government of its own.
Now, the member states of the euro zone, and indeed the entire EU, are confronting the possibility that their effort to subsume Germany in a united Europe is about to fail, and a Europe dancing to the German tune—a German Europe—is about to emerge. But not before a struggle by several nations to retain what remains of their independence.
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