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European Council President, Herman van Rompuy, is preparing a White Paper on Europe's future (photo:dpa)

The future of the European Union – options, strategies, scenarios

European Council President, Herman van Rompuy, is preparing a White Paper on Europe's future (photo:dpa)

General info

Location
United Kingdom
Date
8 November 2012
Contains
Report Scenarios
Category
Political issues
Tags
debt crisis fiscal union Herman van Rompuy Lisbon Treaty

Author

Dr. Michael Wohlgemuth

Dr. Michael Wohlgemuth

Professor Dr. Michael Wohlgemuth is an economist and Research Director at the Foundation for Economic Governance and Public Law (Stiftung für Ordnungspolitik und Staatsrecht) in Liechtenstein. He has an MA in economics from Albert-Ludwigs University, Freiburg, a PhD from Friedrich ...

Observers and politicians agree on only one thing about the European Union – that it will have to look different in five or ten years. Uncertainty about the future governance structure of the EU has never been so great. Radical scenarios of a ‘United States of Europe’ or of a return to a ‘European customs union’ both seem unlikely. However, there are many options of a differentiated integration in between. In the first of a series of GIS reports, Prof Dr Michael Wohlgemuth analyses Europe’s options and scenarios for rebuilding the EU.

EUROPE is at a crossroads - a standard phrase since the beginning of post-war European integration - but today the predicament is real.

The...

Contents

  • United States of Europe
  • National red lines
  • Unilateral unbundling
  • Mix and match
  • Common options
  • Core concept
  • Near dead end
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Dr. Michael Wohlgemuth
Some experts see a fully-fledged European fiscal union with a European finance minister who supervises national budgets - including tax and pension schemes - as the only way out. Others argue that the eurocrisis shows that the ‘one-size-fits-all’ strategy is a dead end, that the EU is already over-centralised and needs to be trimmed back to its beneficial core – an enhanced single market
read more about it in the report
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possible effects of current decisions.
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