Should the EU rethink its mission statement “ever closer union” based on a eurozone core? http://t.co/varj4yWeAK pic.twitter.com/dbcFRECpF2
— The Globalist (@theglobalist) July 10, 2015
This is a pretty good article on the future of the European Union and the eurozone after the Greek Crisis subsides (probably after Greece’s departure from the eurozone). A “Two-Speed Europe” — once a widely feared and derided proposal — is suddenly looking much more attractive on its merits after the events of the past several months, from Greece (Grexit) to Britain (Brexit) to Hungary (Orbanism) and other severe challenges (refugees).
Political union is necessary for the economic integration to move forward, but it is currently out of reach and probably ill-advised for the full 28 members as a complete set. A political union of only core countries (the eurozone) could be made significantly more democratic than the current structure, while still offering relatively close alignment by much of the rest of Europe, as well as stepping stones up the economic and political development ladder for countries that are not yet prepared to be fully deep-integrated.
