Time to take stock of our European relationship

Hoping for best-case scenarios is not going to get us out of this mess. The time has come for a more realistic outlook on the European crisis, writes Michael O'Sullivan.

14th July, 2012

During Operation Neptune Spear - the US mission to kill Osama bin Laden - its mission leader, vice-admiral Bill McRaven, compiled a thick dossier of the attack options, and nearly all possible responses to scenarios where "something goes wrong".

In the eurozone, something has been going very wrong which is unlikely to be put right by the recent EU summit and the series of meetings that will follow it.

On the plus side, the summit...

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