A Rest Stop for Europe

The EU is mired in a crisis of confidence. Rather than continue to stumble toward more unity, EU leaders should restore effective sovereignty to national authorities in eurozone countries, giving Europeans the opportunity to regroup in preparation for future steps toward a more integrated Europe and a more resilient euro.

PRINCETON – Last week, in a highly anticipated speech, German President Joachim Gauck cautioned against the blind pursuit of an “ever-closer” European Union, acknowledging that the growing inequality among member states is generating “a sense of unease, even unmistakable anger,” and increasing the risk of national humiliation. He pointed out that, in addition to the economic crisis, there is “a crisis of confidence in Europe as a political project.”