Solutions
will have to be found -- and the elimination of the "Euro" is not one of them --
but there appear few and tenuous
possibilities of the European Union returning to its original sense of
purpose and efficiency. All efforts will have to be concentrated in coping with
the present situation in order to restore credibility to a wounded giant which
instead of instilling hope and confidence in its citizens, appears to be a
source of increasing irritation, suspicion and apprehension.
Carlo
Ungaro
(The author
of this Oped submission, Ambassador Carlo Ungaro, is a retired senior Italian
Diplomatic Officer)
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