In 2011, European leaders have been unswerving in their commitment to muddling through.
Not for them grand or decisive moves to resolve the euro zone's twin
government and bank financial crises. Instead, they have settled on a
series of smaller gestures, over which they have haggled publicly
beforehand and often afterward. Some actions may have helped their
currency union hobble through the year; others will at best reduce the
chances of a future crisis.
