Last Chance for Ukraine and Europe
Ukraine has reached a critical point in its survival struggle; but so, too, has the European Union. And the line beyond which all possible scenarios worsen – for Ukraine and the EU alike – may be just days or weeks away.
LONDON – The European Union stands at a crossroads. The shape it takes five years from now will be decided in the coming 3-5 months.
Year after year, the EU has successfully muddled through its difficulties. But now it has to deal with two sources of existential crisis: Greece and Ukraine. That may prove too much.
Greece’s long-festering crisis has been mishandled by all parties from the outset. Emotions now are running so high that muddling through is the only constructive alternative.