“Europe will be forged in crisis and will be the sum of the solutions adopted for those crises.”

 These words from the memoirs of Jean Monnet echo today, as Russia closes its main gas pipeline. 

 If the eurozone is to get through this successfully, the question of sharing fiscal resources will again arise. 

It will ultimately be unsustainable to expect the European Central Bank to be the main fiscal backstop in such a crisis. 

Yet if weaker countries were to be abandoned, the political consequences would be dire.

Martin Wolf FT 6 September 2022


Jean Monnet

"I am sure the euro will oblige us to introduce a new set of economic policy instruments.

It is politically impossible to propose that now. But some day there will be a crisis and new instruments will be created."

Romano Prodi, EU Commission President. Financial Times, 4 December 2001

EU:s överstatliga lagstiftningsmakt måste förstås användas med måtta, sans och balans.

”Gårdagens suveräna stater kan inte längre lösa dagens problem”, skrev Jean Monnet, 

Annika Ström Melin DN 15 maj 2019


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