The Europe we’ve admired for six decades is now on its deathbed according to financial speculators, global media, and many Europeans themselves, says David Olive, business columnist for the Toronto Star.

And many are predicting the inevitable ouster of Greece from the Eurozone—alarmists are claiming the collapse of Greece, Italy and Spain’s public finances will trigger the disintegration of the entire European Union (EU).

Olive doubts, however, that it’s twilight time for the EU, and he predicts solutions will be in place by 2013.

Read his 8 reasons investors should ignore doomsday predictions.