How much Europe is too much Europe?

"It's like playing Jenga," said Hugo Brady of the CER, referring to a game that involves carefully removing wooden blocks from a tower and stacking them on top. "Eventually someone pulls out the wrong block and the whole thing collapses."

While Brady agrees the federalist dream of a "country called Europe" may have vanished, the European project remains alive and its momentum is still towards deeper integration. Membership of the euro, the biggest symbol of unity, is growing. The factor that will determine whether "more Europe" or "EU-lite" wins the day will be the economic crisis, says Brady.