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Romanian President Traian Basescu pleaded last week in favour of a stronger Europe, capable of facing growing competition. "The globalisation process is showing us how small we are compared to the capital, the markets," Basescu said to young Romanians living in the diaspora.
"It is proven governments can be defeated by markets. The global system will sweep anything which lacks force because the capital is no longer in the possession of states. This is why I said it is necessary, in two or three years, to create the United States of Europe," he added.
"We have to settle the expenses by 2020 according to some lines that we have to observe. If not, the country gets penalised. And that implies ceding sovereignty, whether we like it or not. The VAT will be set somewhere in Brussels … but we will have to swallow this pill for Europe to become viable in front of globalisation," he said. The main challenge is the way politicians will sell this bold project, he underlined.
"Politicians will have to convince peoples that the United States of Europe will not affect their personality, identity and culture. They will have to take this decision in two or three years. Beyond that point, if Europe doesn't proceed to fiscal unification in the meantime, it may be too late because the implementation takes time," Basescu concluded.
Earlier this month, in the context of financial turbulence in the eurozone, German Chancellor Angela Merkel and French President Nicolas Sarkozy proposed a European common economic government to streamline efforts to surmount such crises in the future.
http://setimes.com/cocoon/setimes/xh.../30/feature-04
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