Politico Magazine has obtained the European Commission’s White Paper, a document outlining five possible scenarios for the European Union, going forward. Here, we illustrate the scenarios:
#1 Carrying On in this scenario, little changes. The EU proceeds with small steps for “incremental progress” on common defense and the single market. However, this might lead to a possible weakening of Schengen.
#2 Nothing But The Single Market. Most EU governance rules disappear, keeping only the single market. Possibly, the Euro might become more vulnerable.
#3 Those Who Want More, Do More Multi-speed Europe. Countries that want to deepen reciprocal cooperations in areas like defense, fiscal integration and law enforcement, may do so. However, this could result in inconsistency in citizens rights.
#4 Doing Less More Efficiently. The EU scales back on wider governance to focus on foreign policy, common defense, the exploration of space and other high-profile efforts.
#5 Doing Much More Together. Federalization of the Union: completion of the Eurozone, speaking with one voice in foreign policy and trade. Moreover, this would include creating a European Monetary Fund under control of the Parliament, as well as a European Defense Union.
At “My Country? Europe.“, we endorse the fifth scenario, with particular emphasis on the empowerment of the parliament.