I have been a strong proponent of European cooperation for the past 50 years and am sad to see how our dream of a united Europe has been destroyed by the many crises of recent years.
The monetary union was a faulty construction that lacked a political arm to govern the economies involved.
The result was that Europe lost 8 percent of gross national product (GNP), compared to the US, after the 2008 financial crisis. We could have had the same growth rate as the Americans by taking...
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Matthew is EUobserver's Opinion Editor. He joined EUobserver in June 2018. Previously he worked as a reporter for The Guardian in London, and as editor for AFP in Paris and DPA in Berlin.