How Macron Can Unite Europe
Pushing for the creation of a fiscal union without a political union could forever block the road to European unification, and set the people of Europe against one another more than the euro ever did. If French President Emmanuel Macron really wants to unite Europe, he should focus on strengthening defense partnerships.
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MUNICH – Emmanuel Macron’s victory in the French presidential election sent a wave of relief and euphoria across Europe. But now a reality check is in order, because we do not yet know how the new president intends to restore the French economy. The country suffers from an unemployment rate of nearly 10%, and its manufacturing sector is still operating 12% below its level before the 2008 global financial crisis.