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IPFS News Link • European Union

Merkel Says Europe Is In "Critical Situation"

• zerohedge.com by Tyler Durden

Three days after a soon to be drunk Jean-Claude Juncker delivered the 2016 "State of the European Union" speech, Europe's leaders met in Bratislava today, without the U.K. for the first time in 43 years aiming to build a shared vision for their post-Brexit bloc, in a meeting that was shrouded by far more pessimism that the faux-euphoria generated by an intoxicated Juncker earlier in the week. The trouble, as Bloomberg writes, is the vision may be - as Juncker would appreciate - more blurred than shared.

At the summit in Bratislava, some will be looking to deepen integration. Others, particularly those in the east, think the lesson of Brexit is to return power to the capitals. Germany sits in the middle. The looming Brexit talks, a divisive refugee crisis, the rise of populist parties, differences over how to speed growth and upcoming elections all undermine the ability of governments to unite.


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