11/10/2010 // The European Parliament has defined the European Union a “Supranational democracy”. Unfortunately, the citizens’ behaviour mitigates this statement: since the first European election of 1979, until the last election of 2009, the turnout continuously…
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01/07/2010 // The crisis in the Monetary Union is at a crucial turning point. On the 9th May the EU governments created a stabilization facility of 750bn euro in an attempt to avoid financial breakdown in heavily indebted member states but because France and…
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25/05/2010 // The European Monetary Union is in danger and, since the EMU is the most important achievement of sixty years of European integration, this means that the survival of the European Union itself is also at stake. The cause is not simply the Greek crisis…
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18/05/2010 // On October 21 2008, Nicolas Sarkozy, argued that Europe needed better economic government because ‘we have endowed ourselves with a currency, a central bank, a single monetary policy, but not an economic government deserving such a name’. In…
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01/03/2010 // The menace of a Greek default shows that there is something wrong in the institutional architecture of the European Union. In the Maastricht Treaty, the EU’s member states decided to create an Economic and Monetary Union (EMU). Today this acronym is…
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20/10/2009 // At the end of last year’s financial turmoil, Jean-Claude Trichet[i], President of the ECB, said in an interview that “the Stability and Growth Pact is the legal framework that we have as a quid pro quo for the fact that we do not have a federal…
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10/09/2009 // After the French “no” to the project of a European Constitution the German answer could not be missing. France availed itself of its veto right. Now, the insurmountable limits of the building of Europe fixed in the German Constitution have been made…
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