The painful making of the new euro by Pawel Swieboda *
Changes in the rules of macroeconomic governance in the European Union, partly agreed by the heads of state and government last week in Brussels, are not technical corrections to take account of the sovereign debt crisis which imploded in Greece and still threatens to infect Spain, Portugal and Ireland. They are sign of a profound shift towards a different logic of
European integration in which solidarity will be replaced by self-discipline as the organising principle of the new contractual arrangement.
read more
* Author is President of demosEUROPA - Centre for European Strategy.
For further information: demosEUROPA
Stampa Articolo
