Federal Minister of Finance Wolfgang Schäuble presented prospects for the future of European integration on the occasion of the 70th jubilee of the “Europa-Union Deutschland”, Germany’s largest pro-European citizens’ initiative. Starting with the paradoxical observation that rising support for Europesceptics coincides with increasing demand for European political solutions, he underlines that national policies alone cannot cope with current global and societal challenges. Since a treaty revision does not have the necessary support, he advocates an intergovernmental approach to achieve reforms. For defence, economic, labour market, asylum and migration policy as well as for the monetary union he then details his proposals for deeper integration. In the past, crises have strengthened Europe. With regard to the size of the current crises, we Europeans face huge opportunities which we should grasp.
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