In this paper we have started with an introduction where the weakness of the EU is shown through an example and how euro-skeptics groups have taken advantage of the situation rapidly.
In order to understand where the EU comes from, we have taken a look at some recent history and how things have changed since the introduction of the euro back in 2000. In the next point we have been going through four chapters where I have tried to support the idea that the crisis where we are now is not only a fault of a few greedy but of the entire society. Before the conclusion, we have talked about what are the major problems for the society in this crisis and how the problem of unemployment is bringing up other problems for the future.
In conclusion, we can talk about the problems which brought us to this fearful crisis, we can blame however we want, but solutions to tackle the crisis are fewer as the time goes by. It is time for people who are prepared for this though era. In the article “Killing the Euro” in “The New York Times”, I had the opportunity to read Paul Krugam’s opinions (Paul Krugam is a won the Nobel price and he has taught Economics at Yale, MIT and Stanford besides he has written more than 20 books and 200 papers in professional journals) It is easy to read and to understand what he is trying to warn us. His ideas are catastrophic but they could become true. (28)
Another conclusion we can develop is that problems are much more engrave that we thought, so solutions would mean a huge change. Some of the problems only can be coped with a behavior change from the governments to the society, especially in the Mediterranean area.
Another conclusion we can draw is the arrival of technocrats to the governments in Italy and Greece. We can see that technocrats receive the approval of the market and the fear of the society which feels that its rights are in danger. In these articles: “Who, What, Why: What can technocrats achieve that politicians can’t?” in the “BBC News Magazine” and “It is not inevitable that the EU – or democracy – will survive this mess” in “The Guardian”, give us an overview of what technocrats can do for the economy. I recommend one sentence written by Simon Jenkins in “The Guardian”: My brain may be with technocracy, but my heart is with the majority, hoping that the two can resume consummation. But we should remember Schumpeter’s warning, of capitalism’s tendency to self-destruction and socialism’s to fascism. Both, he said, were history’s «jokes of questionable taste» and another sentece written at the end of the article on the “BBC News Magazine”: «Culturally we don’t put academics on a pedestal, which they do in Athens and Rome.» (29) (30)
The last conclusion is that some countries are more concern about what happens indoors than globally. As we can read, Prime Minister David Cameron has put Britain in a bizarre position; Britain is a member of the EU while it is taking selfish decisions. How long is it going to last? Do all British agree with Cameron’s decision?
“The Economist” in the article “Europe’s great divorce” says that his decision was not the best for the UK.(35) Also “The Spiegel” in several articles: ”Fear of a Two-Speed Europe: Britain Vetoes Changes to EU Treaties”– “Britain vs. the EU 26: The Man Who Said No to Europe” complains about Cameron’s behavior.(36) (37)
Finally in my opinion, I have found out that I know nothing about this crisis, watching TV news is not enough to understand what is going on and this crisis is not a simple subject of study more which a teacher can put on a black board and explain why, how, who and what. I have read lots of opinions and I feel much further to the answer than I was, I have much more questions than answers.
Is Cameron’s decision the best? Will the EU capable of do what is needed? Will each country be able to communicate their citizens what is going to happen from now on and what these changes are going to affect their life? Is it possible that the new structure jeopardize the independency of the members?
I have tons of questions that only time will answer.