There is also a case for reversing the de facto predominance of the intergovernmental approach on the so-called community method, even if we must be aware of the risks of this being dominated by an excessively administrative and bureaucratic policymaking.
I often joke that, for a sense of shared purposes to be built-up in the euro area and to fully remove uncertainty in the eyes of interested external partners and observers, perhaps it would have been better to have a “single army” before adopting a “single currency”….