French President Francois Hollande recently called for a eurozone economic government with the power to raise taxes, borrow and have a budget. This is not really surprising, with the almost-unanimous agreement amongst economists that for the euro to survive, it needs a strong fiscal union in order to better handle future crises in the currency.
What is worrying however is the speed at which Hollande has advocated the idea. Clearly, there are 16 additional opinions to be heard on the matter, though there is a very real risk that a fiscal union could be implemented without a broader vision for the entirety of the EU. Many have termed this possibility as being a two-tier Europe, one in which the inner circle of eurozone countries move towards ever-greater integration both fiscally and, significantly, politically, while non-eurozone members become an afterthought on the sidelines. This would be a terrible course of action.
We are currently undergoing a substantial challenge to the EU, with minority and mainstream parties alike speaking of reform – a general spell of isolationism in an economic depression, hardly to be expected – a foreign enemy is always a convenient scapegoat. In some ways, it’s interesting to note that with all the integration up to this point, there seems to be a distinct lack of solidarity on the European level – Europe just isn’t together in fighting in the same corner against common adversity.
Of course, I would love to see dramatic reform of the EU, but only in a constructive and progressive manner with a unified vision of solidarity and compassion, and of sharp critique of isolationism. Following the same disjointed path as the United States would be disastrous – a situation where two catch-all centrist parties are at each other’s necks constantly, a constitution so entrenched that common sense need not raise its hand, and a federal government system where nothing gets done and the people with popular support are hamstrung by those without.
My key point is that we cannot rush reform, and more importantly we must not retreat from integration as a way to resolve the democratic deficit. Instead, we should work to strengthen the democratic heartbeat of the Union, the Parliament, by truly making it the absolute authority, discarding the Commission and other messy and undemocratic intergovernmental relics of which the Union is in abundance. Crucially, we, all 27 member states, must move together. We must look at the bigger picture, move away from technical issues and seriously ask ourselves the question: what do we want Europe to be?
(Featured Image Credit: Xavier Häpe)