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Full Integration Is Europe's Only Option

Nouriel Roubini and Nicolas Berggruen, The Guardian | September 8, 2011

With more European countries falling into financial turmoil, it is time the EU took significant steps towards greater political and economic integration. ++ The current European crisis shows that a monetary union cannot function without a common fiscal and coordinated economic policy. ++ Strengthening European federalism is the only way to guarantee long-term stability for the EU and its common currency. ++ Public support for further integration can only be achieved by empowering European institutions and making them more democratic.

Thu, Sep 8th 2011, 16:51

Kiona Bolt, The Hague Centre for Strategic Studies, (4)

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I like this comment! What's this?

Well it could be argued that that is not the solution for some individual European countries. Yet my question is: How do you go about empowering and at the same time democratising the EU institutions? Should we make new institutions in the current massive web the EU already has? Reform current ones? How do you go about creating efficient democratic governance for half a billion people, and (this is where it complicates a whole bunch of things) in between 27 different countries??

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