Germany’s drive for Eurozone political union underlines the inadequacy of culture-based conceptions of integration
Anthony Salamone
Abstract
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Anthony Salamone
Abstract
Open-access reader
Throughout the economic and financial crisis, Germany has stood by the euro, contributing the most to the EU’s bailout programmes. At the same time, the country has continued its gradual rise to power. Anthony Salamone argues that Germany’s insistence on providing financial assistance on condition of political union in the Eurozone illustrates that European integration remains a question of states’ national interests, rather than the building of a common identity. He suggests that Eurozone political integration will deepen divides between euro and non-euro states, which could pose problems for the EU as a whole.
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Throughout the economic and financial crisis, Germany has stood by the euro, contributing the most to the EU’s bailout programmes. At the same time, the country has continued its gradual rise to power. Anthony Salamone argues that Germany’s insistence on providing financial assistance on condition of political union in the Eurozone illustrates that European integration remains a question of states’ national interests, rather than the building of a common identity. He suggests that Eurozone political integration will deepen divides between euro and non-euro states, which could pose problems for the EU as a whole.
Key concepts: Bailout, European debt crisis, Politics, European union, Political union, Financial crisis, European integration, Political economy