Before turning to the possible remedies for the Union’s inadequacies, I would like to sketch the reasons why the EU was caught unprepared to face the global crisis. 3. European construction: forever unfinished?
It may well be asked whether the founding fathers of the European Community and then of Economic and Monetary Union deliberately planned to leave the European construction halffinished, with an ambitious and absorbing mission but without the means to accomplish it. Based on the historical record, my answer is no.