Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-07-03-Speech-3-116"
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"en.20020703.3.3-116"2
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"In the foreword to the annual report of the European Central Bank for 2001, Wim Duisenberg presents an interesting personal opinion on integration. He believes the single currency will inject fresh impetus into the integration process, because it will make people “ask why it is possible to have a single currency but not to eliminate other barriers between the countries of the euro area”. He concludes that “European integration might become more of a ‘bottom-up’ process, initiated by the citizens of Europe, and less of a ‘top-down’ process driven by politicians and experts”.
This text contains two implicit admissions – firstly, the present institutional structure is unstable; secondly, the construction of Europe has hitherto been primarily a matter for “politicians and experts”.
However, the idea that the citizens of Europe might demand closer integration because of the single currency seems questionable to us. This is no doubt the wish of the Eurocrats, who would like the people finally to tell them how right they have been all along. But such a mood is certainly not observable on the ground at the present time.
Besides, the process described by Mr Duisenberg is not really spontaneous but tends rather to be remote-controlled from above, through the existence of the single currency. Manipulation all the way."@en1
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