When the eurozone goes, it will go suddenly. One moment it will be there, and then it will have vanished into the historical annals of catastrophic human vanity projects that disappeared.

The worst case scenario is that a worldwide contagion begins on the European continent. August 1914 will have its 21st-century anniversary in four years. And the grandiose political vanity of Continental politicians will be again at the heart of it.

This sunny spring could represent a kind of Edwardian glow before the chancellory lights go out once more across Europe.

Read the rest of this piece on our sister site: Syntagma