LONDON – The European Union stands at a crossroads. The shape it takes five years from now will be decided in the coming 3-5 months.

Year after year, the EU has successfully muddled through its difficulties. But now it has to deal with two sources of existential crisis: Greece and Ukraine. That may prove too much.

Greece’s long-festering crisis has been mishandled by all parties from the outset. Emotions now are running so high that muddling through is the only constructive alter...


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