There is a "waiting game" going on at present by Politicians, not only by those in the EU but also those in local National Politics.
The real, basic, problem which provokes this turmoil is the unknown result of the coming re-election of Merkel and her Coalition in Germany.
If one way or another if she loses her grip on events in the EU, or more precisely on the EUROZONE, EU historians like all "politicians" now, will closely follow the effect on German policies in the EUROZONE and at once calculate the "knock-on effect" for their personal interests and then also for their countries !
The European Press is full of articles about what needs to be done. Every politician wants to be heard, to be seen in the media. Soon, however, they will all be away on their summer holidays while the debates, for the General Election in Germany on September 22, 2013, gather pace and intensify !
After the result, the fate of EUROPE will be revealed. Will Germany and its newly elected majority still be prepared to foot the cost of saving the EURO ? Or will "insolvent" EURO countries then be allowed to withdraw from the EUROZONE and then declare themselves "bankrupt" ?
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