The European journey to an “ever-closer Union” of states and citizens

How should we turn the key to unlock added value and new opportunities for all?

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Please try to be as concrete as possible when answering the questions, the more in depth you go the more impactful your ideas will be!

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An “ever-closer Union” of states and citizens, high risk high reward action, as it’s a difficult task but it’s not something unimaginable due to it’s a necessity a in the modern age in order to survive and keep up with the rest of the world. Many countries out of the EU (especially in the Asian continent) are currently far ahead in technological matters overpowering and forcing a strong monopolium in the technological innovations and products as it’s heavily noticed in everyone’s daily life, due to most telephone companies, electronic appliances, car brands, clothing and just about everything we use has something to do with Asia and their factories. The EU has to step up and start recovering some ground on these matters in order to maintain a strong place amongst the tech leaders so that they aren’t far behind and dependent on other countries. Innovation is the way to go and so ideas should be promoted and not buried under tons of conservative comments not allowing us to move on. We need to concentrate powers in order to achieve this, and everyone has to play a part in plan with this scale and expectation, to overcome the leaders and current “superpowers” in this industry. Others support the idea of a united banking system, that could theoretically work wonders, but it’s also a great threat due to the fact that, if one country’s economy goes down then the whole system goes down, taking as an example the recent Cypriot Economic crisis where the failure and wrong investments of the banks and the whole banking system in general along with false handling of the government drove the country to a a €10 billion bail-out where most of the people lost money, hard-earned money lost not due to their fault but due to wrong handlings, this case would become a minimal example in what a European Union bail-out would be.

Votes: 4

Europe should use Euro currency as a economic tool - one of many - not milestone itself. Should study hard Optimum curreency area theorem by Robert Mundell. Common currency requires labour mobility, and risk sharing mechanism. One banking system. Euro bonds. Union tax on corporate income, capital gains or Tobin tax, to fund euro budget. Need fiscal tools to help regions lost on integration or suffering from shocks. It is dicredit to use Euro currency as PR stunt, without thinking about common budget. Other than that: Use cooperative bussiness to combine workforce with minimal capital to company size able to compete. Create public services (housing, education, healthcarte, transport, some other services postal?) as frame for startups to rise. Be leader of technology growth and implementation. Tax more high capital owners, tax less low income workers. The second will consume their wage anyway. If unemployment still high produce basic good locally.

Votes: 4