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Fragment of Berlin Wall - will the financial crisis cement old divisions? (Photo: Wikipedia)

Financial crisis threatens east-west divide in EU

Eastern European member states' fears that they will be left behind by richer EU members in the economic crisis are growing ahead of the informal EU summit on Sunday (1 March).

Poland, the Czech Republic, Slovakia, Hungary, Lithuania, Latvia, Estonia, Romania and Bulgaria are hoping to pull Germany, the Netherlands and Nordic states into a coalition opposing the creation of "eurobonds," Polish officials told daily Gazeta Wyborcza.

"We want to block the potential eurobond project. ...

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

Fragment of Berlin Wall - will the financial crisis cement old divisions? (Photo: Wikipedia)

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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