With no SDLP MEP any more to fill John Hume's shoes, all three of Northern Ireland's representatives are sceptical to a differing degree, each concerned about the loss of either British or Irish sovereignty.

BBC: Northern Ireland

However, Credit Suisse does see the risk of deflation in the peripheral countries of Europe because of loss of competitiveness in the region and the degree of fiscal tightening that will be needed to stabilize government debt to gross domestic product.

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But, those that do succeed are the ones that are really worth watching, and the degree of their success overshadows the aggregate loss of all the failures.

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