Val Samonis.

There never seems to be any serious attempt at reform in the EU; just plans to talk about later plans, und so weiter und so weiter!

The end result?

Europe will split into North (neuro) and South (seuro) monetary zones and their satellite economies. Further disintegration and conflict within and between those two zones will deepen as Europe reverts to its old notorious historical habits; coupled with the spreading Middle East War, all bets are off: riots, ethnic & religious strife, energy and food prices skyrocketing, to name a few. European demography and therefore economy is getting catastrophic (dependency ratios increasing rapidly) as young people are already abandoning Europe (like a Titanic), esp. Greece, Poland, etc, heading for the New World (esp. Canada, US, Brazil, Australia).

Greetings from Toronto,

Val Samonis, PhD, CPC
The Web Professor of Global Management(SM)