The 7 questions to ask the Eurozone

I will not make a long introduction about how the eurozone is in crisis… you probably know too much about it. Anyway, the eurozone governance needs a fresh air of democratic input. That is why I propose a Eurozone wide referendum that would required to pass the double majority rule (approved by at least 55% of member states representing at least 65% of the total population). This referendum would not have only one question but seven :

  1. Do you approve the formation of a currency Union with the euro as its currency ?
  2. In the frame of the Eurozone, do you approve the coordination of national budget to ensure the stability of the euro ?
  3. In the frame of the Eurozone, do you approve the creation of a stability fund to help countries in difficulty finance themselves ?
  4. In the frame of the Eurozone, do you approve the nomination of a Eurozone minister that would have decision and initiative power to ensure the stability of the euro ?
  5. In the frame of the Eurozone, do you approve the European Central Bank to take action on the financial markets to ensure the stability of the euro ?
  6. In the frame of the Eurozone, do you approve the use of eurobonds to share the burden of public debt between the member states using the euro as their currency ?
  7. In the frame of the Eurozone, do you approve more integration between the member states using the euro as their currency, that would lead to transfert of competence from the national government to the Eurozone ?

The answer to such questions would not fix too much the details, leaving room for flexibility in their implementation; but at least, it would give a very clear idea of how much integration and change the european citizen are ready to take.

Advertisements


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s