The U.K. and the EU: Irreconcilable Differences?

Jan. 9 (Bloomberg) -- The European Union is a remarkableachievement that now faces its most threatening crisis. Thereason for both is the same: Its insistence through the years oncombining ambition and ambiguity.

Theoretically dedicated from the outset to “ever-closerunion,” member governments never settled on what that mightmean, or bothered too much about whether their citizens wouldwant it, supposing they knew what it was.