Saturday, February 7, 2015

The solution to Greece: a federal Europe

Many observers have been arguing that the tension between the new Greek government and the European leaders should be solved in the direction of a new federal agreement that not only reaches a compromise for the Greek, but also amounts to a review of the Brussels institutions. As Eugenio Scalfari argues today in La Repubblica, the significance of this request is likely a step to the federated Union rather than the Confederate current one, with its transfers of sovereignty from the member States. This seems the more positive among those Tsipras hopes to achieve; it is not just about Greece and should be the objective of the whole Union. Unfortunately it is not, at least as yet, but it is however and paradoxically the objective of the European Central Bank. It may seem paradoxical also that the boost to the United States of Europe comes from a country that is on the brink of a precipice, and even in the streets shouting their despair. It could be put in a position to leave the euro and asks not only for flexibility and aid money but even the birth of a State which is called Europe and has the powers hitherto scattered over 28 countries. If in this point there is coincidence between Tsipras and Draghi, also the fulfillment of economic commitments of Greece would become easier. But opponents are many, indeed all national governments do not want to lose their sovereignty. Until they see that they have no other option.

No comments:

Post a Comment