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Jürgen Habermas: "Democracy in Europe" (2014)

Holberg Prize Talks

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The Eurozone - The European Union in Crisis

The Eurozone has been rated by special problems of the monetary union operating in sub-optimal conditions. The European Parliament did not benefit from the increase in competencies enjoyed by the EU bodies as a result of reform measures, he says. That's a continuing trend towards following imbalances between national economies can be halted only within a framework of the Union with a common fiscal, economic and even social policy.

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