Europe’s failure to solve the Greek debt crisis risks lasting damage to the post-war dream of “ever closer union” at a time when it faces new threats on its borders, analysts said.The chaos in Greece comes with European leaders already at each others’ throats over a wave of Mediterranean migrants, while the Ukraine conflict has plunged relations with Russia to their worst since the Cold War.Leaders have warned that the Greek situation is an existential moment for the European project, with German Chancellor Angela Merkel saying on Monday that “if the euro fails, Europe fails”.But experts say that even if …read more
Source: The Jakarta Post