GLOBAL FINANCIAL CRISIS: Gathering crisis engulfs the European Union*

The global financial crisis threatens to disturb the stability of the European Union. Some are hinting at the possibility of the EU coming apart. Its currency unit, the Euro, could be under threat.These are genuine possibilities, but they aren’t the real issue.European integration has been a central pillar of European security since the experiment got under way nearly 60 years ago; indeed, it has been an integral part of Western security.From the very beginning the aims of integration were strat…

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