Has the euro crisis nudged key political leaders in Germany and France closer to a fiscal union? Perhaps. Jean Quatremer notes Alain Juppé's favorable mention of a "European federation," while Wolfgang Schäuble, the German finance minister, seems to be on the same page. (h/t Henry Farrell)
The only problem: I suspect that substantial majorities in both country would oppose the idea--unless, of course, the financial system were to be on the brink of collapse, in which case it will probably be too late.
Juppé and Schäuble may be moving closer, but Sarkozy and Merkel are not.