IN THE WAKE OF THE FRENCH AND DUTCH defeats of a propos constitution for the European Union (EU) there are present echoes of an ancient chant heard when single in kind king replaced another: Europe is dead.

IN THE WAKE OF THE FRENCH AND DUTCH defeats of a propos constitution for the European Union (EU) there are present echoes of an ancient chant heard when single in kind king replaced another: Europe is dead. protracted live Europe. But does the death of the Euro-constitution mean the death of a united Europe? Or will the modern voter turndowns actually benefit the beleaguered economies of France, Germany, Italy, Belgium and the Netherlands?

From an economic viewpoint, common major move toward a united Europe the euro the universal currency of 12 of the 25 EU nations, has to be considered a

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