Where is Europe headed? : an introduction / Bruno Dallago, Gert Guri and John McGowan -- The European project : moving forward with dry eyes / Steven Rosefielde -- The EU in stormy seas : beginning of the end or end of the beginning / Klaus Gretschmann -- Signalling imbalances in the EMU / Nicola Acocella -- On the crisis of the EMU : failed construction, failed implementation or failed crisis management? / L⡳zl⯠Csaba -- The European crisis : testing the trust foundations of an economic and monetary union / Simona Piattoni -- Assessing the Europe 2020 strategy / Paolo Pasimeni -- Reinforcing Europe's failed fiscal regulatory state / Scott Greer and Holly Jarman -- The monetary union and migration / Bruno Dallago -- The future of the German model after the labour market reforms / Joachim M诬ler -- Introduction to Part Two / John McGowan -- The euro and Eastern Europe / Paul Marer -- Global value chains, changing divisions of labour, and the regulation of work in EU27 and euro-med / John Pickles -- The euro as a house of straw : why europe's crisis is (still) linked to American housing / Herman Mark Schwartz -- Where goes Russia? : the risks of a continental divide / Eric Brunat -- Russia, the European Union, and the Ukrainian crisis : a European or a Eurasian affair? / Jacob Kipp.