Former President of the European Parliament: Europe in a "general breakdown process"

El Pais has the report on a speech by Josep Borrell, former President of the European Parliament, in which he said Europe was in a "general breakdown process" and much of the rationale for European integration has been lost.

He said the five drivers for European integration were WW II, the reconciliation of France and Germany, the Soviet threat, the fall of the Berlin wall and globalization.

Only the latter remains. He said it is less clear that the EU still brings the hoped-for economic benefits.

He said worst of all, the crisis has led to an “everyone to himself” mentality, including in Spain.

Eurointellience 22 November 2012

Kommentarer

Populära inlägg i den här bloggen

Det svänger fort på räntemarknaden

Fjolåret blev strålande för flera av de största fondbolagen