Justin Vaïsse from the Brookings Institution analyses in a new article the implications of the economic crisis for the European Union. He consecutively renounces ideas about the surge of nationalism and populism, the death of the internal market, the disintegration of the eurozone, a new iron curtain between the West and East in the EU.
Vaïsse thinks that the main threat is a “soft partition” of the EU. This threat may be realized if the Stability and growth pact is trumped, and if EU leadership remains weak and fragmented.
The author sees much more opportunities for the EU stemming out of the crisis. He thinks there is strong motivation for EU candidate countries to join the Union, and for member states to join the eurozone. According to him EU has serious advantages in specific areas, such as climate change mitigation and adaptation.
He acclaims the ECB record on the crisis, and is very critical of the leadership of Commission’s president Barroso and the Czech EU presidency.
His main argument is that the EU is “too interdependent to fail” due to the crisis.