9 Sep 2012

EU Crisis: The Euro Gale Surges Higher and Higher

The Euro situation in Europe is firmly political, with roots in the reunification of Germany in 1990, a year after the fall of the Berlin Wall. It is claimed France insisted on currency union (Euro) for its approval to that event and that everyone, including France, knew they were putting the cart before the horse. This trade off is still denied in certain German political circles.
Today's Europe questions the doctrine of closer political and currency union in the face of skepticism to Brussels’s dictatorial approaches to sell them a Superstate. Citizens see social- political changes happening organically for Europe's sovereign nations since the end of the Cold War. Brussels's has lost the use of war paranoia to further the Federalist cause.
Insults gather pace. The centre cannot hold but Brussels says it will
convince the people a United Federalist Europe is the best way forward.
Reality is different as citizens look to protect what they have
and what they know. The media reacts in Berlin and Athens Aug 2012.
It only takes a child to cry “the Emperor has no clothes” for people to join and applaud the obvious. The long held EU dogma, Europe's destiny lies in political and currency union, is no longer sacrament amongst nation states. Across the continent intellectuals are preparing for a redefined European Union where old taboos about loyalty to the project are questioned and redrawn.
Was France right to put the cart before the horse in 1989 knowing we would reach this discussion point eventually over currency and political union. Was this just luck or far sighted good judgement by François Mitterrand . In other words, was the Euro and the Euro zone just a tool to create a stable democratic Germany.
How hard will Chancellor Angela Merkel's calls for closer European Unity, which Helmut Kohl had proposed back in 1989, fall on the ears of today's France given that Germany is no longer a military threat and one of Europe's strongest democracies. What can Chancellor Merkel gain by such calls over universal doubts (including German) to such moves. Does she provoke a clear rejection by the nation states so the Euro can be put to sleep and a new phase in Europe's journey be awakened.
The Circus is in town, 2012
Politicians are increasingly dividing over Europe's direction. Former EU commissioner and technocrat leader of Italy Mario Monti declared "There are many manifestations of populism that are aimed at disunity in nearly all the member states." While Spain's former premier Jose Maria Aznar believes “It is a very serious mistake to try to destroy the nation states. You cannot go against the cultural beliefs of the people and the forces of history. A United States of Europe is an impossible idea." 
What is certain is the EU is no longer the golden dream of Europe's citizens. Nationalism is back in favour and any future federation clearly uncertain. The Brussels Bubble is now perceived by millions as a Brussels Circus.