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In continental Europe, the major parties embraced the idea of the single currency only to find that it fell into disfavour during the Great Recession.
The most forceful opposition was centered in Britain, which, along with Denmark, agreed to sign the Maastricht treaty setting out the path to a European single currency only after insisting on the right to opt out of any final step.
It might have gone through a dodgy phase where either Will Young, Alex James or H from Steps were on the panel every week outlining their thoughts on the single currency (only one of those three is a joke) but Question Time is now stronger than ever.
However, Mr Tsipras faces an increasingly hostile eurozone, with 15 of the 19 members thought to be ready to accept Greece's exit from the single currency: only France and Cyprus have openly pleaded for Greece to stay, while Italy is wavering.
The most forceful opposition was centered in Britain, which, along with Denmark, agreed to sign the Maastricht treaty in 1991 setting out the path to a European single currency only after insisting on the right to opt out of any final step.
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Not only do Europeans have a new single currency, but, as in America, their telecoms and utilities are liberalising and their defence contractors are under orders to rationalise.
This, for example, would allow the British to keep playing a leading role in the newly enhanced European defence policy, but to opt out of the single currency.Only the milder version of enhanced co-operation is on the table at Nice.
In and of itself, the single currency has only a limited and indirect bearing on American trade and investment ties with Europe.
In the end, though, a failure to resolve definitively Greece's position in the single currency can only drain business spirits across the continent.
France and Germany have made largely self-interested efforts to help Britain feel indispensable – France on defence; Germany on the single currency – with only fleeting success.
Downing Street believes survival of the euro is vital to the British national interest and a single currency can only succeed if it co-ordinates monetary and fiscal policy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com