The Choice for Europe – Reform or Decline

The sense of urgency and crisis in Europe over the last few weeks has been palpable. Fears of a sovereign default by an EU member state have been quickly superceded by fears over the integrity of the Eurozone itself. As worrying as these developments have been, it is clear that to blame the current situation on proximate causes such as financial speculation or political prevarication is to ignore a much bigger and scarier picture. Read the rest of this entry »