Summary of Euro 2022
The European Monetary Union in 2022
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To ensure its growth and stability, the European Union needs to align its short-term policies with its long-term goals.
Economist Michael Heise offers a seven-point plan to prevent yet more crises in Europe and to deliver a stronger European bloc. He proposes greater fiscal integration and powers to intervene in budgets, as well as the tools to kick rule-breakers out of the club. Although the skeptical European electorate might be unlikely to approve of Heise’s proposals for a radical overhaul of the European Union (EU), getAbstract nevertheless recommends this paper as an essential primer for understanding the critical challenges facing the EU.
In this summary, you will learn
- What factors threaten Europe’s importance as a world economic and political force, and
- What seven structural and political reforms Europe must enact to ensure its significance in 2022.
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