Crisis will force the eurozone together
Gradually and quietly, planning is under way for a ‘grand bargain’ on economic governance
Jean Monnet, the great French thinker, once famously observed that ‘‘people only accept change when they are faced with necessity, and only recognise necessity when a crisis is upon them’’.
His own brainchild - today’s European Union - was the infant prodigy of the mother of all crises: Europe’s near self-destruction in the Second World War.
The predicament we find ourselves in today pales in significance when compared to the mass slaughter of ...