When European Union leaders meet in late June, they will weigh ideas that point to more political unity as a way to stem the euro crisis. Will Europeans give up more national sovereignty?
As Spain's credit possibilities dry up, the strength of the eurozone is further tested. If the European Union is to shield against the negative effects of globalization – like the current debt crisis – it needs a fully empowered, legitimate central government, writes a former Polish prime minister.
Wary depositors are hauling billions of euros our of Greek and Spanish banks, reflecting the nervous mood of the people.