They therefore manage with a minimum of the constructional elements of political union - but nevertheless comprise all the mechanisms needed to guard against potential conflicts between a single monetary policy and fiscal policies, which remain the responsibilities of the member states. Technically, the construction of the monetary union is thus adequately secured. Why then is progress towards a political union necessary?
A stable internal structure of the union can ultimately only develop from a growing awareness of community. This awareness of community should be based on accepted political institutions and transparent decision-making processes, but should also permit the coexistence of the many different nationally and culturally determined special features without conflicting with or being in opposition to the Community’s tasks.