ABSTRACT

The European single market stabilizes the Economic and Monetary Union. Emmanuel Macron, the French president, is flirting with the ideas of a European finance minister, a eurozone budget and debt pooling. Anyone who wants to protect the euro from severe crises in the future must therefore continue to develop the European single market in a competitive manner. The European Stability Mechanism, which rests on intergovernmental agreements, is to follow the example of the International Monetary Fund and be transformed into an European Monetary Fund. The constant presence of a European ‘professional fire brigade’ and its joint financing contribute to the neglect of local fire prevention measures. The ‘United States of Europe’ is one of the political smoke grenades of the Jean-Claude Junckers in Europe, providing a smokescreen behind which the European Union Commission and the European Parliament can engage in their centralist mischief.