What a contrast to the European Council meeting of few years ago. Gone are the grant visions the solidarity of the people, of Europe’s inexorable path towards a social and just Europe. Instead we have leaders of powerful and proud nations with a dog bowl in hand asking Germany for rescue funds. With the exception of Italy (for how long) all the other southern European states including Cyprus are in the rescue mechanism. France having had a new President installed joins the chorus asking for more time and money to be thrown in the European black hole.
Europe and the Euro resemble Coyote in the famous Road-Runner cartoon. It is over the cliff but would start falling only if it looks down at the abyss. Merkel and Germany on the other hand stands firm. Merkel’s “over my dead body”, echoes Margaret Thatcher’s answer to Dennis Skinner (Labour MP) on a similar topic of European integration. Incidentally, Skinner once called the Queen “Puss in Boots” which could fit Merkel nicely.