"Is it possible that a union, that is not past the point of no return, could start unraveling?"
– Charles Kupchan, Professor of International Affairs in the School of Foreign Service and Government Department at Georgetown University
The financial crisis in Europe has raised a question that seemed unthinkable a few years ago. The modern EU evolved from a union born in 1951 to ensure that Europe would never again experience the horrors of war. And in that regard, the European Union has been an unmitigated success.
"There's something like a narrative of Europe that's been lost. So the whole narrative was about peace, reconciliation. That is done and achieved. But achievements don't sell."
– Ulrike Güerot, head of the Berlin office of the European Council on Foreign Relations
And with financial turmoil plunging European states into panic, and dividing the continent on who is to blame, the EU, America’s main partner in the world, is in search of a new narrative.