A tale of two Europes
Last week, two major events took place in Europe: British Prime Minister David Cameron’s long-delayed speech on UK’s relation with the European Union and the 50thanniversary of the Elysée Treaty between France and Germany. Both illustrate two distinct, if not opposed, views of how the EU should develop. Paris and Berlin promote a more integrated Union, whereas London seeks looser ties. The former option has the favour of most member states and is seen as a viable option to save the Euro. The latter collides with the former and gets little support outside Britain. We are seeing an example of marginalization. Under the German leadership, integration has become the only acceptable course of action; Britain continues to shun this path and runs the risk of ending up excluded.
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