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German Vision Prevails as Leaders Agree on Fiscal Pact

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Europe's worst financial crisis in generations is forging a new European Union, pushing Britain to the sidelines and creating a more integrated, fiscally disciplined core of nations under the auspices of a resurgent Germany. The new disciplinary rules may help ensure that there will not be another euro crisis, but they may not be sufficient to fix the current crisis -- to assuage market unease that Europe and the European Central Bank are not doing enough now to stand behind vulnerable nations.
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

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