Is the European Union a failed project?

The current Greek crisis (July 2015) and the threat of similar high unemployment and high debt to GDP ratios in Spain, Italy, Portugal, and France are beginning to make the European Union look like a failing project. read more

For the EU project to work, it would require, at a minimum, substantial political power at the center to tax, control fiscal policy, and create a region-wide safety net capable of protecting people in a downturn. Furthermore, that centralized power would need to be accountable — voted in, not appointed. read more

The idea of the nation state also challenges the European project's ambition of becoming a closer political and social union. One of the main successes of European integration was the building of a post-national and a non-aggressive political environment. read more