Tagged crisis

Over the past weeks the global patchwork of economic interactions has unravelled, with economic activity grinding to a near halt as consumer spending collapsed, businesses closed, financial markets imploded, and supply chains fractured. According to the International Monetary Fund’s (IMF) Managing Director, the world has entered into ‘a recession at least as bad as during…

The Roman Empire stretched as far as the Danube and the Rhine, where the name of Cologne itself still recalls the ancient Romans. But it was precisely the “northern barbarians” that put an end to it. And central Europe, the Mitteleuropa of the upper Danube, experienced the many migrations that completely changed the face of Europe.

No more excuses: either our continent really unites or it is destined to fall apart under external and internal strains. The ongoing refugee crisis is one more demonstration of the need for a Europe with one voice, one plan and pooled resources. Huge damage has already been done by interventions in countries like Iraq, Syria and Libya, with the acquiescence if not active participation of some European countries: interventions of dubious legality lacking a plan for the day after.

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