Graham Bishop's Blog on President Barroso's 2013 State of the Union address

11 September 2013

Graham's initial thoughts on the three big messages contained in President Barroso's speech this year.

First thoughts on the three big messages:

1. Banking Union must be completed quickly
2. If you do not like Europe as it is, then engage in debate and do not just walk out (but he did not even mention the UK!)
3. He will present further ideas before the EP elections on how to deepen into a real political union.

I have argued for several years that the economic crisis has already forced Europe into economic governance arrangements that are tantamount to a political union. The democratic accountability of this will be filled in during the term of the 8th European Parliament 2014-19 and a de jure political union will be created. Will the UK be part of that? Will the people accept this political union? If not, the world will experience a shock that will dwarf the sub-prime crisis of the US.

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