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The EU’s Strength is Also Its Weakness
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What will happen on the fateful dates of May 23-26, the period set down for elections throughout the EU member states? Though it’s not always easy to see, the European Union has been built on consensus. Achieving consensus has never been easy or pretty, but it’s the bedrock of the EU. And in an era of rapid change—Brexit, new political parties, new regional alliances, and changing U.S. policies—it’s also the driving force behind what appears to be politically intractable gridlock.
But according to Josina Kamerling, head of regulatory outreach for CFA Institute for Europe, Africa, and the Middle East, consensus will be the savior, not the undoing of the EU. In this episode, she explains why there’s too much at stake for Europe’s leaders not to come to the table once again to solve their myriad political and economic challenges.
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