Brady, Hugo
(2012)
A fifteen-year political union with a 2029 expiry date could
prevent the collapse of the Euro and offer a ‘New Deal’ for
Europe.
LSE European Politics and Policy (EUROPP) Blog
(31 Jul 2012)
Blog Entry.
Abstract
The Eurozone financial crisis has shaken the EU to its core and threatens to destroy the
great achievements of European integration of past decades. Yet, European leaders are
stuck; they are unable to proceed with further political or economic integration without risking
the wrath of their country’s voters. Hugo Brady proposes a temporary political union for the
Eurozone, beginning in 2014, to expire after 15 years. Such a ‘New Deal’ for the Euro would
buy the amount of time European governments require to implement sorely needed reforms.
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