EU lacks unity in the crisis

The present situation of several highly indebted states as well as the crisis of the euro are proof that the European Union is not united, the business paper Diário Económico writes: "While Greece's plight is making the gods blush and keeping the International Monetary Fund busily working away at yet another brilliant rescue plan, the truth of the EU has been exposed: It is not united, it doesn't share common interests, … it is only a monetary union when it suits it to be one. Upcoming elections, Greece's misery, the moaning about Portugal, fears for Spain and a dollar that is coming across as the only common currency - all this is irrelevant. Merkel must win the state parliament elections [in the German state of North Rhine-Westphalia] on May 9 and until then uncertainty will prevail. It's apparently a foregone conclusion that Brown will lose the election on May 6. … And amidst the strikes and social unrest key member France has become a Sarkozy soap opera that can no longer be taken seriously."

» full article (external link, Portuguese)
More from the press review on the subject » EU Policy, » Germany, » France, » United Kingdom, » Greece, » Portugal, » Europe
All available articles from » Marta Rebelo

» To the complete press review of Friday, April 30, 2010