It could result in a failure to complete the European integration process. It should not be used as an excuse to opt for intergovernmental arrangements where supranational solutions would be more conducive to achieving a genuine Economic and Monetary Union. The European integration process has demonstrated that democratic states can share sovereignty in a number of policy areas without losing statehood.
A big challenge for sustaining food self-sufficiency is raising production which, given that available land is fixed if not diminishing, has to come from improved productivity. A host of cash and non-cash inputs is necessary to improve productivity, and an important one is agricultural credit. Development experience shows that credit is an important determinant of value added in agriculture.