Tesco
State Transformation and the European Integration Project
Report

State Transformation and the European Integration Project

Lessons from the Financial Crisis and the Greek Paradigm

Evangelos Venizelos
CEPS, 2016
Get the Report

Read or listen offline

áudio gerado automaticamente
  • 0.5×
  • 0.75×
  • 1×
  • 1.25×
  • 1.5×
  • 1.75×
1×
áudio gerado automaticamente

Editorial Rating

7

Qualities

  • Innovative

Recommendation

Integration or disintegration? The nonlinear trajectory of the euro zone since its inception would seem to pose this question, particularly in the wakes of the 2008 global financial crisis and the subsequent sovereign debt debacle. For some member states, indebtedness has dug an ever-widening and deepening hole, and they are unable to extricate themselves from it. The economic and social welfare of the populace are at stake. This in-depth analysis by professor and Greek parliament member Evangelos Venizelos, though written in political and legal economese, is an astute study of the tortuous challenges of European integration. getAbstract recommends it to policy makers, economists, financial managers and historians.

Take-Aways

  • European integration is an inherently arduous, step-by-step, work in progress.
  • The 2008 financial crisis and its subsequent public debt imbroglio exacerbated inequalities among European Union member states.
  • The crises forced an accelerated reconfiguration whereby individual nations ceded numerous powers to the central body of the EU.

About the Author

Evangelos Venizelos, a member of the Greek parliament and a professor of constitutional law at the Aristotle University of Thessaloniki, has served twice as Greece’s deputy prime minister and has held other top posts in government.

Comment on this summary or Iniciar a Discussão