The status quo is not an option. But it is precisely to avoid moving to a fiscal federation that some of the parts of the current system need to be modified. First, let’s consider the monetary part of the Union. It has worked very well.
I won’t repeat the statistics about price stability, but simply say that the figures are better than they were previously. The ECB has proved to be independent. It is a federal institution capable of acting very quickly, as we have shown over the last three years. The euro is a stable and safe currency.