Divided and deluded Europe faces crisis on every front
“Europe” is not a monolith. It comprises several overlapping entities.
There is “Freemovementland” – the passport-free travel area that stretches from the Greek islands to the north of Norway. There is “Frontlineland” – the countries which fear Russian meddling and aggression. There is “Euroland” – the countries which use the common currency. And there is “Singlemarketland” – the area governed by the guardians in Brussels who try to guarantee the free movement of goods and capital, and prohibit protectionism and cartels.
There are two important things to know about these entities. The first is that all straddle the familiar categories of European …read more
Source: CapX