ABSTRACT

Presently, the European Union is undergoing the most severe crisis of its existence. The history of the EU’s past sixty years has brought about an unprecedented era of democracy and prosperity on the continent. It is the first time that generations have lived without experiencing the horrors of wars, and a growing number of countries came together around the ideal of cooperation and realizing common interests as successfully as possible. And while the EU has had its rough patches, such as the economic meltdown of 2008, with the exception of the Greek crisis, joint political efforts could effectively manage them.