-->International Perspective, by Marshall Auerback

EU Budget Crisis Sidesteps the Real Issues

June 21, 2005

"People will tell you next that Europe is not in a crisis. It is in a deep crisis. During this budgetary debate there were two conceptions of Europe that clashed and will always clash. There are those who, in fact without saying it, want the big market and nothing but the big market, a high-level free-trade zone, and those that want a politically integrated Europe. I have felt for a long time this debate would blow up one day."
- Jean-Claude Juncker, Prime Minister of Luxembourg

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