Fears that the euro would collapse, that Greece would exit the zone The survival of the eurozone intact throughout the past year has been rightly understood as a political and technical achievement.

Bill Clinton famously won the U.S. presidential election in 1992 with the motto "It's the economy, stupid." But when it comes to the future of the euro, "It's the politics, stupid!" is the more ...

Today the Greek government has surprised other Euro members and financial markets announcing a referendum on the last Euro bailout plan. This can be the end of the Euro, at least in some countries.

The European Parliament is the place where this is most visible at an EU level. Most of the lawmakers (known as MEPs) belong to a political party in their own country.