Enlargement and the euro are two big mistakes that ruined Europehttp://www.ft.com/cms/s/0/fbaae6e0-7f35-11e5-98fb-5a6d4728f74e.html"The single currency is a trap and eastern expansion forced the EU to take
its eye off the ball ..."
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Today Brussels suddenly has to look after its own foreign policy interests and run the world’s second-largest economy. The EU is not institutionally ready for either job. And its leaders are intellectually not ready either.We should expect to see more crises, more unilateral action by member states, greater willingness to explore opt-outs, invocation of exceptional circumstances to suspend EU-level action, more rule breaking and the like.
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