The Merkelization of Europe – By Paul Hockenos | Foreign Policy

The Merkelization of Europe – By Paul Hockenos | Foreign Policy.

The Merkelization of Europe

A European Germany has become a German Europe — and it’s all downhill from here.

BY PAUL HOCKENOS | DECEMBER 9, 2011
Not so long ago, France was the political driver and Germany the economic motor of the European Union. “Now,” remarked former European Commission president Romani Prodi in February, it is Merkel “that decides and Sarkozy that holds a press conference to explain her decisions.” This searing image could be embellished with the 24 EU members cowering in the press room — and Britain now watching through the window.

Now that Britain has sidelined itself from the historic “fiscal compact” concluded in Brussels on Dec. 9, which provides the EU with new powers to enforce stricter discipline in national budgets, the community appears even more fiercely segregated within its own ranks. Pathetically, the Brits walked not because of the starkly deficient democratic procedure or the fact these governance changes wouldn’t adequately address the euro quagmire, but rather to protect London’s financial services industry from regulations that were part of the deal.

This isn’t the way European Union was supposed to work, not at all, and Germany’s one-woman show — ostensibly in Europe’s name — could well doom the continent’s beautiful project. Merkel may look like the big winner today, seemingly with Europe at Germany’s feet, but this turn of events could well prove to no country’s detriment more than Germany’s.

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Read the full story here: Foreign Policy

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Filed under Britain, Euro crisis, European Union, France, Germany

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