Rich Europe, poor Europe

This week, with the Eurozone still in decline, Counting the Cost looks at the very thing the shared currency was supposed to avoid - a two-tier Europe of rich and poor. With Ireland and Greece both accepting IMF/EU bailouts, all eyes are on Portugal, Spain and Italy to see if they will follow suit. But if they do, will it only reinforce that idea of a continent with 'haves' and 'have nots'? We speak to Wolfgang Manchau from Euro Intelligence in Brussels for his ideas and solutions to the current crisis.

Europe's missing millions

For several months, the Bureau of Investigative Journalism has been looking into EU finances, and it has uncovered evidence of massive fraud. As Angus Stickler reports for People&Power, it seems that billions of taxpayer Euros are going straight into the pockets of organised crime.

4 Bln Euros vanish from EU budget annually

Gripped by protests and crisis, EU nations are being forced to fend for themselves. It is time to go back to the drawing board, before it is too late, believes Nirj Deva, MEP, UK Conservative Party. ­He says the entire construct of the European Union is becoming unmanageable."The construct is incapable of meeting the challenges of the 21st Century. It was constructed after the war - Churchill's 'Empires of the Mind' in a single European space. It was constructed to prevent a major war in the Continental Europe by locking Germany, France and all the other countries into single space with settled values - democratic, pluralistic - diverse, but accountable values," Deva told RT. "Now it needs a new construct to be able to work in cooperation with Russia, with primary energy producers and suppliers, to work as a good neighbor in areas such as Ukraine, Moldova, Belarus and so on. We need therefore a much more flexible construct," he added.

Dan Hannan : Europe is dying

Europe is dying