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Bruno Maçães @MacaesBruno
, 5 tweets, 1 min read Read on Twitter
From 2011 to 2014 there was a big battle in Europe on the future of the union: financial union vs. fiscal union. A political and intellectual battle. Financial union won decisively
Imagine my surprise then and others’ when Macron arrived in 2016 - seemingly from outer space - and announced: let’s create a fiscal union.
He could of course think that the result of the battle was wrong, he could reopen it, he could fight it again. But his approach was an exercise in political futility, as the expected outcome of that most unsual announcement showed
On this read my piece from 2013
gmfus.org/publications/f…
So when I hear that “Merkel should have given Macron something” my reaction is: by all means let us pool together and give Macron a nice sports car, but we can’t give him a policy, a stratey that we know is wrong
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