Europe: Differentiate or Disintegrate

Europe: Differentiate or Disintegrate
AP Photo/Gregorio Borgia

Why does the idea of institutionalised variable geometry provoke opposition? There are three answers. One is that countries in the outer tiers might feel they have been given second-class status. Even Britain, a firm believer in variable geometry, long fretted over the creation of a two-speed Europe built around the single currency, fearing that the real power and decision-making would be exercised by the inner circle. It is notable that the euro zone on its own now constitutes the “qualified majority” needed for the Council of Ministers to approve legislation.

 

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