After many months of muddling through - but not getting at the systemic roots of the economic, fiscal and financial crisis - Europe is at tipping point.
If it continues any longer with the status quo of dithering instead of decisiveness, the euro zone will break up and its national economies will weaken. Only by moving towards full integration - now - can Europe save itself. - Nouriel Roubini, Nicolas Berggruen September 09, 2011