Dans quelle mesure les crises géorgienne et financière mettent l'accent sur les difficultés et changements principaux auxquels doit faire face l'Union européenne actuellement ?

The financial crisis that we are facing nowadays is said to be the worst since world war two or even since the great depression. We can't compare our situation to the one in 1929 but we have to be realistic the crisis is a worldwide an a tremendous problem: we only need to look at Iceland, where food shortages have been stopped to be conscious of it.
We are now far away from the German finance minister's declaration (Peer Steinbrück) who said last month that ''the credit crunch was an American matter''. The Former French President Valery Giscard D'estaing, in a recent interview for La tribune has said that '' it was unrealistic to find common solutions for 27 nations''. This statement can seem really pessimistic knowing that it comes from someone who was the president of the Convention on the Future of the European union that drafted the Treaty establishing a constitution for Europe.
This example shows that the European union is living a decisive period for it's future, some decisions have to be taken even if they are some oppositions and the only thing that we know is that those decisions can change deeply the union. What I would like to show in this essay is that the crisis that the world is facing for a month is deeply linked with economics but I would like to underline that this crisis is a diplomatic, social, political and institutional challenge for Europe.

I would like to show in this short essay that both crises are really revealing of the difficulty for the European union to take decisions, and how the crisis stresses the changing in the way that decisions are taken. The crisis has cruelly stressed the institutional and political difficulties of the European project. But we have to study how this difficulties can result a positive point for Europe for example with the common efforts to establish a rescue plan, or with the intent to build up a new world financial and monetary architecture.