ABSTRACT
The market would solve the problem of the democratic deficit a new term and provide the European institutions with the missing European people. The outcome of the referendums on the constitution and the growing popular, organized interest pressures on the European institutions lead influential observers to warn that protectionism is eating its way into Europe's power as a unified presence internationally. Constitution emerged as an umbrella over the fiasco in Nice. The constitution would provide institutional arrangements to prevent overstretching and breakdown of the European project when it was extended from 15 to 27. In institutional terms, the link between the economy and the social was finally cut, although attempts were made to bridge the gap through the open method of coordination, which functioned reasonably well in the 1990s, but failed with the enlargement in 2004.
