Saving the EU from Existential Crisis

Details: Published on Monday, 12 June 2017 11:45; Written by editor

© Bernadett Szabo/Newscom
In the years following the trauma of the Second World War, a small group of visionaries initiated a project to bind Europe’s western half together into an organization whose members would never wage war against each other. And for more than a half-century, this system—the European Union—worked. Its economies grew, its citizens flourished, and it was at peace. The situation today is very different. As Open Society Foundations Chairman and Founder George Soros recently said during a speech for the Brussels Economic Forum, “The European Union is now in an existential crisis.” Yet even if the challenges are immense, there is a pathway to a reinvented, stronger European Union. But as Soros warned in his remarks, the salvation of the European Union “won’t happen by itself.”

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