The Eurozone in flames

Indecisive European politicians and nationalist trends are aggravating the euro crisis and represent a threat to Belgium too, warns the left-liberal daily De Morgen: "Yesterday Greece, today Italy and Spain, tomorrow Belgium. For no one stands between us and Berlusconi any more. The euro is one of the greatest achievements of the member states and has generated economic growth and prosperity. But now it is becoming clear that the monetary union cannot survive without rules and solid foundations. ... In addition to a series of European measures that force the member states to exercise discipline, it is also necessary to restore European solidarity. ... But in many countries nationalism is on the rise, countering any sense of solidarity. Citizens are being promised that they will be better off if we return to being little nation states and seek a 19th-century style solution. The Eurozone is in flames, and the state of the European banks and the sovereign debt crisis are closely bound up with each other. This is not the time for indecisiveness."

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