My opinion, exactly. I'm slightly less harsh regarding Germany though.

The biggest problem of Europe is probably that it's unfinished. Now, its institutions should be completed quickly to prevent further degradation of the situation on the markets (or, let's hope an improvement) but that's going to be very difficult.

I'm also concerned that, because of the current situation, the UK will never be willing stand at the core of Europe. And in my opinion, it's very much needed.