A hopeless Europe, unable to cope

Commentary feature. The EU has a tendency to hype whatever it agrees. The markets first react with euphoria to the announcement, then with disappointment once they have read the small print, writes Wolfgang Münchau.

ESO: Background information: Europe is edging towards the unthinkable http://www.europeansources.info/record/europe-is-edging-towards-the-unthinkable/

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