The many heads of the European crisis

One of the dangers is there will be a rush to the mirage that government holds the solutions to the problems of Europe.

This will inevitably lead to the rise of policies such as trade protectionism, which is often paraded a solution to tough economic times.

History shows that it is isolation from other markets that leads to economic decline and that open trading nations tend to be the most resilient.

Europe responded to the siren's call of populist politicians in the past - politicians who promised to lead their nations out of those dark days, but who led them down the path to despair.

European leaders must be mindful of the lessons of history.