Financial meltdown has been averted in Europe ? for now. But the future of the European Union and the fate of the eurozone still hang in the balance. If Europe doesn't find a way to reactivate the continent's economy soon, it will be doomed to years of gloom and endless mutual recrimination about ``who sabotaged the European project." Having suffered a deeper economic collapse in 2009 than the United States did, Europe's economy is poised for a much more sluggish recovery ? if one can call it that.
Rodrik, Dani. "Who Lost Europe." Korea Times, June 14, 2010.