As a newcomer to the European experience, the public, political, pundit and policy communities reactions to the various sovereign debt crises of the past year have been quite fascinating to observe.
First, let me say that the advantages of the European Experiment were always ones that attracted me. The notion of liquid borders and labour mobility and the degree to which European integration reduced the chances for armed conflcit in the European sphere were clear advantages. Opportunities for collaboration and cooperation seemed more abundant and easier to achieve.