The complexity of Franco-German relationship is due to a combination of great differences and of a solid commitment to the European integration process. It explains a lot about the difficulty to understand the governance of the European Union. Both countries together with their neighbours have a special responsibility and vested interests in the European integration process. Today, they have to face major challenges: What is the long term vision for the EU? What progress is to be made in European governance and democratic legitimacy? How to improve European competitiveness? In the last four years the EU and the Euro could have disintegrated under the pressure of the different crisis. If they have not it is mainly because of the political resolve of Germany and France. For the years to come the efficiency of their cooperation will depend on the capability of France to regain rapidly its economic competitiveness and it will also depend on the willingness of Germany to show a greater sense of solidarity and commitment in its European policy. There are two possibilities. Either Europe takes too much time in its political and economic adjustments or it may appear in a few years more efficient and with economic fundamentals which will be much better off than those of the other main economic zones. Once again Euro sceptics could be surprised.
Click here for more info.
Ambassador Bernard de Montferrand, Senior Adviser, Roland Berger Strategy Consultants
- Wednesday, 20 March 2013
- 12:15 p.m. - 1:30 p.m.
Seminar Room 3-5,
Level 3, Manasseh Meyer,
Lee Kuan Yew School of Public Policy,
469C Bukit Timah Road,