The current financial and fiscal crisis within the Eurozone is the latest in a series of events to have occurred in recent decades that have been altering the meaning, purpose, and form of European borders. These events include the multiple border-altering experiments of the European Union (EU), the end of the Cold War, and the conflicts in former Yugoslavia. Cumulatively, the position of Europe, as a place and as an idea, has been undergoing considerable relocation as a result. This large-scale political reorganization of spatial location has led to a shift in focus within European border studies: The way the ground underneath people's feet can be shifted turns out to be as important as the way people themselves move from one place to another, or the way people form politically inflected identities in relation to territories.
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