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Brexit and the City
12 May 2013

Martin Schulz: Europe needs to change; let the debate begin


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For some the idea of an 'ever closer union' is in freefall, writes EP President Schulz in an article for the Independent.


Europe is living through rising eurosceptism, unacceptably high unemployment, especially among the young, and weak economic prospects. This is worrying, for the moment people withdraw their support from an idea, the idea is finished. The more populist protest parties may see the European elections this time next year as an opportunity to score electoral successes. 

As a convinced European I welcome the debate, but I recognise first that Europe needs to change course, something many in Brussels seem not to acknowledge. We are living beyond our means. Budgetary consolidation is essential, if only because we cannot bequeath a mountain of debt to our children. 

Second, some structural reforms – to the labour market and on retirement ages - are essential. But the austerity policies currently being implemented in Europe are lopsided. It is taking too long for the structural measures and the necessary budgetary consolidation to take effect and, at long last, increase competitiveness. In the meantime, some EU Member States are sliding ever deeper into a recession. Austerity, supposedly the cure, is threatening to undermine the European project.

Third (and this is surely a cause to warm a British eurosceptic’s heart), the EU must tackle the vexed question of tax. Every year in the EU, €1 trillion is lost through tax evasion and tax avoidance – an enormous loss to the Union. This sum could be used to pay off debt, to set up youth guarantee schemes and to invest further in growth initiatives. European heads of state and government have a duty to agree on effective counter-measures at the EU summit in 10 days’ time...

Next year’s European elections are of paramount of importance. For the first time there will be candidates from the European political parties for the post of European Commission President; this should engender a greater interest in Europe's future. Those who say they want more democratic control can hardly complain at that. 

Europe is enduring its deepest post-war economic crisis and the European Union's very existence can no longer be taken as a given. A thorough, factually-based conversation on the virtues of deepening European integration needs to take place, starting in the UK. Britain would be sorely missed should it decide to leave. The stakes are high, so let the decision be taken with full access to the facts, rather than to narrow, outdated thinking. Let the debate begin!

Full article



© The Independent


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