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Fabbrini, Sergio
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2 articles of this author have been cited in the European Press Review so far.
Europe needs several unions
Two questions dominated Cameron's statements in Davos: How much integration can the UK take, and how much can Europe take without losing even more global competitiveness? Cameron has hit the mark: the EU has reached a turning point, the liberal-conservative business paper Il Sole 24 Ore believes: "The euro is no longer a purely economic project; it has become a political one. … The reality [of the increasingly integrated Eurozone] shows that the times for a common European project have ended. The EU has long since split up into several different unions. This demands a change in strategy. We need a political 'pre-constitutional' agreement between the states of the Eurozone and the states that don't belong to the monetary union. An agreement that allows the former to create a political union while at the same time making it possible for the latter to renegotiate the terms of competition in the European single market. It won't be easy to create a more differentiated Europe. But Cameron's speech makes it clear that this is necessary."
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More from the press review on the subject » EU Policy, » EU treaties, » United Kingdom, » Europe
Rome should advocate more EU integration
In Rome, a crisis summit involving Germany, France, Italy and Spain takes place this Friday. Rome should play the role of mediator to speed up economic and political integration in Europe, writes the liberal-conservative business paper Il Sole 24 Ore: "The euro is in crisis because the Lisbon treaty stipulates the supranationality of monetary policy but leaves tax, economic and fiscal policy to the national governments. … If the political causes of the crisis lie in the inter-state logic of the Lisbon treaty, the crisis can only be overcome when this logic is called into question. Italy can play a key role here by calling states with resurging demands for sovereignty to order and saying clearly that it's not enough to demand an expansive economic policy, as Hollande's France is doing, without addressing the issue of how this policy is to be managed. … Nor is it enough to point to the need for greater integration, as Chancellor Merkel recently did, and then oppose political measures that would advance that integration."
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More from the press review on the subject » EU Policy, » Fiscal Policy, » Economy, » Italy, » Europe
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