To save itself from oblivion, the euro area is embarking on an unprecedented degree of integration that was left undone when Europe started a common currency just over a decade ago. (Illustration by Golden Cosmos | Op-Ed by Pawel Swieboda)

To save itself from oblivion, the euro area is embarking on an unprecedented degree of integration that was left undone when Europe started a common currency just over a decade ago. (Illustration by Golden Cosmos | Op-Ed by Pawel Swieboda)