The exit of Greece from the euro zone by choice or happenstance might have caused ripples but not disaster for the currency union. By contrast, the exit of Spain, with the fourth largest GDP in the euro zone, would be catastrophic, the end of the single currency and perhaps the European Union in its present form. The German government and its austerity allies could not threaten an anti-austerity Spanish government as they did Syriza.
Both mainstream parties are struggling, and their tactics to counter the FN have proven to be costly for the Socialists and ineffective for the Republicans.
When banks are involved in a credit crise, state aids are allowed in some countries (e.g. Germany) and forbiden in other ones.The odd case of four Italian banks.
Liberals are intimidated and the campuses are silent. This frees the bi-partisan War Party that dominates Washington from having to face an inconvenient truth: the war is lost.
The opacity on the implications of its construction, and ambiguity regarding its status of neutral, technical instrument, seem to be essential elements of its origin and fortune.