Wednesday, September 12, 2012

Europe: Is it time to break up this marriage? - The Term Sheet: Fortune's deals blog Term Sheet

Europe: Is it time to break up this marriage? -
The Term Sheet: Fortune's deals blog
Term Sheet


This summer trips to Europe opened my eyes to something: There's a lack of passion in Europe for keeping the euro. Yes, the pain of a breakup would be severe. But many of the poorer southerners of Europe don't seem to feel that they need "Europe" anymore.
That, at least, is the way it appeared to me after spending time recently in Malta, Italy, Switzerland, Belgium -- and even the Berlin airport. These Europeans are proud of being Maltese and Sicilian. Proud of being citizens of greater Europe? Not so much.

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