Economic integration continues to be driven by the demands of the crisis and the increasing recognition of policy errors by the Troika at the most intense moments of the crisis.
Summary
Economic integration continues to be driven by the demands of the crisis and the increasing recognition of policy errors by the Troika at the most intense moments of the crisis. But the budgetary and economic benefits of these policies are now appearing. So attention is swinging to democratic legitimacy and control issues that are to be addressed by cooperation between the European and national Parliaments.
At the sharp end of policy-making, the Commission is trying ensure consistency between fiscal and structural reforms with classical demand management.
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© Graham Bishop
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