The EU is no longer a compact unit. That the EU has divided into two, or even more, parts is no longer just a point of view (see this column in newsletter No 10534), it has become a statement of fact. Of course, it is not formally acknowledged that there is a two-speed Europe. Most of the Parliament and the Commission challenge its existence but the need for the eurozone to be managed by the countries which make it up is accepted in practice. And the partition goes beyond the monetary. It is...