Now or never: European Central Bank chief orders nations to fix EU problems or FALL

In the face of social, economic and cultural inconpatability, the only solution European leaders have ever had is further integration as a means to achieve the United States of Europe.


THE EUROPEAN UNION is deepening discontent across all member states with its failure to tighten external borders, co-ordinate defence policies and tackle inequality, according to European Central Bank President.

Mario Draghi said EU leaders are reversing progress made in recent years with policies which “have at times been reminiscent of the interwar period: isolationism, protectionism, nationalism”.

Mr Draghi called European policies such as Schengen “incomplete” and plans for integration “dangerous”.

The bank chief revealed concerns over how member states are losing powers in areas such as border control.

But Mr Draghi said the EU is taking away autonomy, but failing to provide anything equal or better as a replacement.

His advice has not been adhered to – and now he is describing economic problems as a threat to the political project’s viability.

“For some EU countries, these years have entailed the most serious economic crisis since the war, with unemployment, especially among the young, reaching unprecedented levels and welfare states constrained by low growth and stretched public finances.

“Consider the Schengen Agreement. It largely abolished Europe’s internal borders, but it did not envisage a strengthening of the continent’s external borders. So when the migration crisis erupted, it was seen as a destabilising loss of security.”

Receiving the De Gasperi award – a prize named for one of the EU’s founders and given to leaders who promote a more united Europe – he said: “The integration process needs to be guided towards outcomes that are more efficient and more directly aimed at the people, their needs and their fears.

“Europe should listen to the demands of those left behind by a society built on the pursuit of wealth and power.”

However, Mr Draghi supports the European Union, claiming there are areas where European involvement is “essential”.

Full article: Now or never: European Central Bank chief orders nations to fix EU problems or FALL (Express)

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