More Leadership for More Europe

Any assessment of European economic governance must acknowledge the slow, contradictory nature of intergovernmental decision-making, in which national assertion, fueled by upsurges in popular anti-EU sentiment, has led to a stop-and-go process. Viewed in these terms, Europe's political class has failed to lead.

MILAN – The debate about improving economic governance within the eurozone is shedding new light on the system’s weaknesses. It was already evident when the Maastricht

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