Schengen and the Euro

Reading German news site Tageschau today, Denmark is to bring back formal passport controls on its borders with Germany and Sweden - this despite being a signatory to the Schengen agreement. The reason given is concern over cross-border crime. The beginning of the end for Schengen and free movement around Europe?

Reading the UK's BBC web site, there is a lucid presentation asking "Is the Euro crumbling?" This is an explanation of how budget deficits within a currency zone lead to increased sovereign debt, which leads to lower confidence which leads to higher interest rates..so governments ask for emergency loans....If one country leaves the Euro (Greece?), will others be forced to follows? The beginning of the end of European monetary integration?

These are difficult times for Europe, for Europhiles, for everyone. European politicians need to show courage and leadership now. European history tells us how important it is that we all work together.