The perils of complacency – the results of an unspectacular summit
Janis A. Emmanouilidis
EPC Post-Summit Analysis
Brussels 03/2012
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The 1-2 March European Council was an unspectacular summit during which EU leaders did their best to demonstrate that the European Union is slowly but surely moving out of the euro debt crisis.
This analysis by Janis A. Emmanouilidis, however, warns that the situation remains fragile and that the political dangers and longer-term effects of the crisis will haunt the EU and its members for some time – even though the crisis seems to be moving into a less critical phase due to the massive intervention of the European Central Bank.
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