Without the European Union member states would face far larger consequences than they do today. It is said that the reason why the crises did not hit the member states as hard as predicted at forehand because of the European Union. But how come that certain member struggle to survive these days.
Greece is the most obvious example of this, but Spain and Italy are in the same package. These countries are not able to keep there financial planning in control. How is this possible even with a “strict” financial control from the European Union?
Is this a consequence from the crises or is this a result of bad financial management? In my opinion this is a result from bad financial management. The media brings the news concerning this topic as it is something of the past year. On the contrary, Spain receives already for the last 30 years intensive financial support from the European Union to strengthen this region, because it was lacking behind with the other member states. Italy has been on the edge of bankruptcy for the last 40 years. It just indicates that this was just the final drip that topped the bucket and let it overflow.
This indicates that when the European union was formed and Spain and Italy where allowed to join there was a bad financial control. Nevertheless the EU was recently enlarged with new members. Again the EU set out strict rules and goals that those potential new entries should have reached. Was this actually the case? Or do we have some rotten apples that seem fine but will affect the other apples in the future? Only time can tell.
To conclude I would like to say that the EU should follow its own rules without exemption. This to prevent actions to clean up what could have been prevented. Not only does this reduce the risk for other members and the EU as a whole, but it will be less costly as well. This can also be a reason for successful member states to get out of the EU because who likes cleaning up someone else’s mess.
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