Bad timing. Reflection on how to fund Europe will enter a new institutional stage this week when the European Commission publishes a reflection document on potential sources of new EU funding. The new Financial Perspectives will not come into force until 2014, but there is already fierce debate on a huge number of controversial issues. This is clearly not the right time for thinking big - it would be a pipedream to imagine that a sharp rise in the EU's budget is possible at a time when the...