Europe in Permanent Crisis? How to Deal With Today's EU Challenges
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November 2nd, 2016 (Wednesday)13:15-15:15
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Mr. Javier Arribas Quintana
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Europe seems to be in permanent crisis: In the last few years this crisis has intensified and multiplied its derivations: Financial and economic crisis, refugee crisis, and most recently the own EU existential crisis with the unhappy prospect of a member leaving the ranks. Some vilify the inefficiencies of the European Union and its slow and complex decision making process; others criticize its weaknesses and its inability to speak with one voice, many predict the end of the economic and monetary union and ultimately the collapse of the European project as a whole. Yet, as one of the most successful peace projects in history, the construction of a common European house is more needed than ever. The threats and challenges ahead are plentiful, both external and internal. Terrorism and neighboring wars threaten our security at home and abroad; globalization, unemployment and social inequality boosts populist political movements, some times xenophobic, rocking the foundations of centuries-old European democracies; mountains of public debt put into question the economic prospects of future generations.
Will Europe’s economy finally recover or be stuck in low growth and deflation for the next decade? Will the EU be able to conclude trade agreements and shape economic, social and environmental standards for the world? Will Europe continue to lead the fight for human rights and fundamental values? Or will Europe disappear from the international scene and leave it to others to shape the world? As president Juncker recently said in its annual speech on the state of the Union: “The facts are plain: the world is getting bigger. And we are getting smaller. Today we Europeans make up 8% of the world population — we will only represent 5% in 2050. By then you would not see a single EU country among the top world economies. But the EU together? We would still be topping the charts”. For this to be true we need to persevere in the project, continue searching for common ground, fight if needed, among ourselves and with our major partners, around the table, not in the trenches, and keep up the pace of integration. The benefits are clear: peace and property, strength and stability; not only for Europe but also for the benefit of the rest of the world.
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