Shared interests may sustain alliances in peacetime. But alliances that are capable of winning wars and confronting crises require something more: a willingness to compromise one’s immediate well-being and to endure sacrifices. This is called solidarity, and it is one of the principles upon which the European Union (EU) is based. Solidarity in Europe had long been a matter for speeches. But then the 2010 euro crisis put it to the test, when Greece, Ireland, and Portugal lost access to capital markets and were forced to seek financial assistance. Many in Northern Europe were shocked: To allow those states that had ignored the single currency’s rules to rely on their partners’ helping hand wa
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