No, "Transatlanticism" European! 0046 / .... Citing here the rules and ancient institutions, we refer primarily to those national policies. The euro crisis shows we could not be more clear that they no longer correspond to the tasks and problems that concern us, the rules must be changed. The fact that taxpayers in Germany, Finland, the Netherlands should take the responsibility of fiscal risks in other European countries or debts incurred by Spanish banks would have been unimaginable in the old configuration of the United Nations. Yet even the rules that countries must meet to qualify for additional funding - under the supervision of the European Commission, the European Central Bank and the International Monetary Fund as transnational institutions - are still lagging behind the crisis growing dramatically. The idea that Germany and other donors could control, using the new pact, fiscal policy in some European countries is ultimately itself trapped in the national perspective. Again, the rules should change so that is possible in the future a common economic and fiscal policy at the European level. if we stick to the old rules, however, as demanded by those in Karlsruhe complained against the establishment of permanent rescue umbrella, the ESM (European Stability Mechanism) and the fiscal pact, the does not allow to preserve, according to them, the level of budget bundestag guaranteed in the Constitution, we quickly see that the old procedures are actually too heavy and too slow to taiter current challenges. To put it another way, we can say that there are times to play politics, the running, and a time for great reform policy. To give an appropriate response to the euro crisis - or to deal with climate change or the outbursts of financial capitalism threats - we need a great policy. The idea that we can act at the time of global risks, according to the principle of "we can do it alone," turns out to be a fatal illusion.
Posted on: Tue, 23 Jul 2013 11:28:16 +0000
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