across that the year was by ability i'm joined by andrew moravcsik in princeton he's professor of politics and director of european union program at princeton university in washington we go to sherry's are raymond she's a professor of international business finance and international affairs at the george washington university and in madrid we cross to philip boggles he is an associate professor at king juan carlos university is also author of the tragedy of the euro ok folks this is crossfire that means you can jump in anytime you want and i very much encourage it but first let's look at a short report on the plight of the euro. the trials and tribulations of a currency or the euro and those discontents no matter how you cut it or count there are no easy solutions when it comes to resolving the euro crisis the financial costs are higher long term and the political costs are probably even higher ever since greece exposed the weakness of the entire euro project politicians and central bankers have been at loggerheads the single currency was always going to depend on member states exercising