Bulletin n. 3/2014 | ||
February 2015 | ||
Sidjanski Dusan |
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The Eurozone, the Dynamic Core of a European Federation | ||
in Federalist Debate (The) , Year XXVII, n. 1, March , 2014 | ||
The European elections will allow us to take stock of the European Union, to assess the progress made in combating the financial crisis and the extent of the damage to the economy and European society. The sluggish revival of economic growth is not triggering a clear drop in unemployment; companies going bankrupt, poverty and a general sense of depression amongst the population are all factors which have sapped European drive. Jean Monnet’s strategy of integration sector by sector ultimately leading to a political Union has reached the end of the line. Worse still, the spillover has been reversed due to the shock of the crisis and the negative effect of austerity. | ||