HAMBURG: History works in leaps and bounds. After WWII ended, it took a few years before new European structures emerged, but they fell into place between 1948 and 1950. When the Cold War ended abruptly in 1989, elements of a new order were slow to materialize. Now, in 1997, they are seeming to come together. This will be a make-or-break year for Europe. If it looks more like make than break, it will nevertheless be a close call.
HAMBURG: History works in leaps and bounds. After WWII ended, it took a few years before new European structures emerged, but they fell into place between 1948 and 1950. When the Cold War ended abruptly in 1989, elements of a new order were slow to materialize. Now, in 1997, they are seeming to come together. This will be a make-or-break year for Europe. If it looks more like make than break, it will nevertheless be a close call.