The current situation in Europe is nothing extraordinary. It was even predicted. Moreover, several times forecasts were made by people who had opposing views on the political system in this part of the world.
The idea of sovereignty is all along tied to the States: entering the crisis these, it was inevitable that the sovereignty enters into crisis too. Yet, we ought to say: a certain concept of sovereignty, the sovereignty “of the State” as a State’s attribute is in crisis, not the sovereignist idea in itself. Taking it to the extreme, we could say that today, the new political subjects are no longer the States but the people: people fighting against the global financial elites, people with needs to satisfy.