Helsinki
Bruxelles
Lisbonne
News and Archives of Jacques Delors
News & Archives from
Jacques Delors
Access
Support the Jacques Delors Institute!
Click here
Subscribe to our newsletter
Subscribe to our newsletter
Read our newsletter
Author
António Vitorino

António Vitorino

António Vitorino, born in 1957 in Lisbon, holds a degree in law from the University of Lisbon and ...
DIARY
Search
Themes :
Select ...
Choose a theme
Types :
Select ...
Choose type
Dates :
Select ...
Validate
European Union and Citizens

Which Institutions for the Euro Area?

on September 25, 2012, 10:40
Tribune - António Vitorino

President Barroso’s State of the Union Address and the working document published by President Van Rompuy sketch out the broad outlines of the institutional architecture of the euro area that requires adjustment because of the crisis and needs to be further improved by combining effectiveness and legitimacy. António Vitorino suggests several complementary proposals in that way, in a Notre Europe’s viewpoint based on four main statements:


  • 1. The institutional mechanism of budgetary union has yet to be completed
  • 2. The institutional leap towards banking union still needs to be accomplished
  • 3. Economic union is inevitably wavering between integration and cooperation
  • 4. Political union lies in better institutional embodiment

  • António Vitorino notes that many of the institutional adjustments needed by the euro area have already been implemented in a flexible manner, but others required or will require a revision of the European Treaties. He underlines that all imply political and democratic legitimisation that is equal to the challenges facing the ‘European Federation of Nation States’ theorised by Jacques Delors, in which the role of national institutions and their leaders is also a major one.

    Contact - Sitemap - Legal - Vacancies
    Jacques Delors Institute - 19, rue de Milan - 75009 Paris - Tel. +33 1 44 58 97 97 - Email: info@delorsinstitute.eu
    Jacques Delors Institut – Berlin, Pariser Platz 6, 10117 Berlin
    Powered by Walabiz
    We use cookies on our website.
    If you continue to use our website you consent to the use of cookies.