Peter Rutland has mentioned in the past that many Americans know little about the European Union (E.U.), and what they know may be more based on myth than fact. With a major debt crisis threatening the E.U.’s very existence, 5 Questions thought it might be a good time to discuss some of these misconceptions with Professor Rutland who is Colin and Nancy Campbell Professor in Global Issues and Democratic Thought, professor of government and professor of Russian and Eastern European studies. Q: What is one of the more significant myths many Americans believe is a “fact” about the E.U.? A:…