What will be the impact of the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union on the classical constitutional narrative of European integration? Will it be a step back to intergovernmentalism and an evident loss in terms of supranationalism?
Good strategists know that it is risky to have to fronts open at the same time while in a state of internal weakness. That is why the Euro Zone, which is at its darkest hour, has decided to close the Spanish front in order to focus on the Greek one, which could open up again after the elections on 17 June.
Ever since the Greek crisis broke out, Germany has been mulling over a plan for the Euro Zone. It saw the chance to build the strong and federal Europe it had always yearned for by making use of its economic power and influence over the ECB to ensure that aid for hard-pressed countries would only be made available in exchange for greater transfers of sovereignty.
The negotiation of the Multiannual Financial Framework (MFF) 2014-20 is a crucial feature on the EU agenda for the next few months.
Statement by Lucinda Creighton, TD, Minister for European Affairs of Ireland, on Current EU and Eurozone Issues at the round-table discussion "Keys to understand the economic crisis in the EU", held in Madrid on 15 February and organised by the Elcano Royal Institute.
The questions now facing Europe concern our chances of surviving the next decades without the continuing downward economic spiral that many countries are facing.
While it is premature to draw conclusions, there are reasons to believe that the events of the Arab Awakening are not triggering a wave of radicalisation among European Muslims but might actually decrease it.
The General Affairs Council (GAC) has so far not lived up to the expectations created by the Treaty of Lisbon, which in principle assigned it an important position within the EU system.
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