An election of the president by european citizens would be much more fascinating than parliamentary elections and would significantly improve communication in europe, said schauble at an event in berlin on tuesday. Such a vote would also be feasible with relatively few changes to the EU treaties.
At the start of the nicolas berggruen institute of governance discussion event, at which burgers were also able to ask questions, schauble called for further progress in european integration. Individual nation states are in the 21st century. The world is no longer able to regulate global issues such as the regulation of financial markets or climate protection in the twenty-first century on its own.
Schauble also spoke in favor of transferring government decisions to the european level without restricting the budgetary rights of national parliaments. The involvement of the european parliament should also be expanded. Voting could be done in stages, depending on whether all 27 members are affected or only the 25 countries of the fiscal pact or the 17 of the eurozone. A decision between the national governments is in any case the more difficult process.
The organizer nicolas berggruen said at the opening that europe’s problem is its current structure. "It’s like a house that’s not quite finished."There is a common perception, but not a common financial policy. Europe received the nobel peace prize this year. Now the question is whether it will also receive the nobel prize for economic sciences.
French finance minister pierre moscovici stressed the need for debt reduction. France had set itself the goal of limiting the deficit to three percent of gross domestic product in 2013 and saving 30 billion euros to achieve this goal. But efforts by all euro members are necessary. "We have to tackle the debt problem together," he said. A common eurozone budget should also be strived for.
Like moscovici, martin schulz, president of the european parliament, called for stronger parliamentary oversight in the eurozone. Schulz reminded that in article 3 of the EU treaty the goal of the common perception for all is laid down. Instead of talking about greece leaving, it would be better to realize poland’s entry into the eurozone quickly.
Schulz criticized the fact that unanimous decisions were still taken at the EU summits of heads of state and government, even though majority decisions were stipulated in the EU treaties.