The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
The ECB is, by far and away, the EUropean institution that has acted with the most flagrant disregard for the good of the Union in this crisis. The Council has been mostly out of sight, the Commission has not really done anything to make it an obvious scapegoat, and Parliament hasn't done anything in this crisis to justify expanding its powers. No, the ECB is the target of opportunity here.
Now, making the ECB subservient to the Commission won't, in and of itself, be sufficient as long as the Commission is still run by neoliberal halfwits. But it means that the next time the ECB drives the into a ditch, we can blame the Commission for not properly policing the ECB, and demand greater parliamentary oversight of the Commission. (Naturally, the bad guys will use the next crisis to argue for reinstating the ECB's independence - that's the "problem" with winning a battle; it gives you more territory that you need to defend.)
A EUropean treasury is a great idea, but it will crash and burn politically. Better to focus on attacking the institution that has made itself vulnerable.
Friends come and go. Enemies accumulate.
The reason to expand the parliament's powers is to make the notion of broader European solidarity legitimate and to make European policy more accountable and to try to move more powers and responsibilities to the European level. It won't necessarily mean the voters will choose better policies, but if they don't, so be it.
But for "justify" you should, in the above quote, read "done something that will provide political air cover for" rather than "done something to provide a good reason for."
by Frank Schnittger - May 27 2 comments
by Frank Schnittger - May 5 22 comments
by Frank Schnittger - May 23 1 comment
by Oui - May 13 65 comments
by Carrie - Apr 30 7 comments
by Frank Schnittger - May 272 comments
by Oui - May 2712 comments
by Oui - May 24
by Frank Schnittger - May 231 comment
by Oui - May 1365 comments
by Oui - May 910 comments
by Frank Schnittger - May 522 comments
by Oui - May 449 comments
by Oui - May 312 comments
by Oui - May 29 comments
by gmoke - May 1
by Oui - Apr 30257 comments
by Carrie - Apr 307 comments
by Oui - Apr 2644 comments
by Oui - Apr 879 comments
by Oui - Mar 19143 comments