While the EU watches in disbelief, a remote threat has mushroomed suddenly into an existential crisis. It is even more intractable than Brexit, and certainly more dangerous.
The volcanic events unfolding by the day in Catalonia threaten the EU project within its core. They pose a direct threat to the integrity of monetary union.
Former French premier Manuel Valls – son of a celebrated Catalan painter – warns that if this weekend’s banned vote on independence goes ahead and leads to Catalan secession, it will be “the end of Europe” as a meaningful mission.