The regulatory behemoth of the European Union (EU), with its five presidents, high representatives, 28 commissioners, serried ranks of bureaucrats and courts of counselors, legal representatives and other functionaries has inhibited growth and, consigned a generation of youth in Southern Europe to unemployment (56 percent in Spain, 62.5 percent in Greece). It has committed poorer member states to debt, austerity, and destitution in its futile pursuit of a currency union leading to a federated European imperium.
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