First, you're a bit more optimistic this time around because you finally understand and accept ECBs conduct with establishment of EU Banking Union and its single supervisory authority.



Second, progress under EU-28 is much more difficult now with UK opting for getting out under Cameron. Why is that American's like you are afraid to take on UK Conservatives?



Third, as usual, ever closer union will take a generation or more (who knows) because EU operates on basis of political consensus by sovereign states. That's a much better political process than diktat from Berlin or (even) Paris.



Fourth, Draghi is likely to surprise ALL you guys with what he finally comes up in June!