Is Europe falling apart?
Just a few days ago the main powerhouses behind the EU met to discuss a joint effort to bolster the European economy and pull the EU from the brink of financial collapse. They all shook hands, posed for the pictures and promised they would do nothing until the next time they met. Then......just 24 hours later the German government issued the bombshell that they were going to look after their savers before working together with the EU - it was officially every country for itself!
While there was no official condemnation of the German move, behind the scenes of the EU there have been some heated arguments between an array of players in the Union. How could Germany go it alone and put the rest of Europe under pressure to follow? How could they change their minds so drastically over 24 hours?
Even though nobody will admit it in public, the German move has placed some serious strains on the EU and the future of this apparently unified group has been shaken to the core. Germany is no small player, it has no bit part to play and it does have a major affect on the direction of the EU economy and the Euro. If the main players cannot agree then who do we look to?
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