Mr Verhofstadt, the most outspoken proponent on the EU’s financial crisis who is calling for a United States of Europe modeled on the lines of the United States might very well see his proposals come to fruition. The EU crisis has forced the EU into a corner, without many choices if it is to survive with any strength.
The European Union Parliament’s Conference of Presidents deliberately appointed four EU strongmen to negotiate for the EU Parliament on the drafting of the treaty. While the Council invited members of Parliament to the “working group” to concede to the demands of EU Parliament President Jerzy Buzek, who insisted that the EU Parliament be involved in the negotiation process at the EU’s recent December 9 summit.
As the EU debt crisis spirals out of control, the EU Commission on November 23rd issued its Green Paper on the feasibility of issuing Stability Bonds. Commenting on the paper Guy Verhofstadt, leader of the ALDE in the EU Parliament, former Belgian Prime Minster and a fierce proponent of a euro bond market affirmed, “Certainly I think its the only way to solve the euro crisis because all of the half measures that have been taken in the last two years didn’t resolve the crisis. The only way forward, the only solution, is to create a euro bond market.”
Europe, devastated by two world wars, directly felt the threat of two atheistic ideologies-communism and fascism.The European political leaders believed that the only way to have peace among nations would be if the nations aligned themselves in economic and political pursuits. Schuman proposed that France and Germany create a Coal and Steel Community, encompassing the two nation’s production. Konrad Adenauer welcomed the idea as a way to prevent war among these two nations. They invited other nations to join as well. Thus began the formation of the 28 member nation EU.
The markets and opinions have highly reacted to the European financial crisis and some have spelled the doom of the Euro and of the EU itself. High-level EU politicians are not seeing it that way. On the contrary, they view the crisis as an opportunity to make the changes that those who run the Union know needs to be made to turn it into the pre-eminent world empire.
Copyright © 2014 | Theme by MH Themes