On 12 July 2015, Paul Krugman aptly entitled his column in the New York Times “Killing the European Project”. Since SYRIZA’s devastating capitulation, the cosmopolitan Left in Europe has been perplexed by a great dilemma. If the price of a solidaristic rebellion by one government is to become in effect a protectorate, and if there really is no reasonable way of changing the German-dominated neoliberal EU in the foreseeable future, should the Left now side with the populists and nationalists and demand a return to national currencies?

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