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79

Over the past few months, the European

Union (EU) has received positive news that has

done much to allay some uncertainties it faced

only a year ago. The victory of Europeanist

Emmanuel Macron in the French presidential

elections of May 2017 and the more recent re-

newal of the grand coalition between the CDU-

CSU and the Social Democratic Party in Germany

have set the stage for a probable re-launch of

the European project and the implementation

of much-needed reforms – particularly of an

economic nature – at a time when Eurozone

countries and the rest of their EU counterparts

are rebounding from the recent protracted re-

cession with an overall 2.5 % GDP growth rate

for 2017.

Other major problems nevertheless continue to

cast a shadow over Europe’s common future.

Although the EU and the United Kingdom have

reached a transition agreement, many other as-

pects of Brexit such as the dilemma of how the Irish

border should be handled have yet to be resolved

and the impact of the UK’s withdrawal from the

Union must be absorbed. Acts of terrorism such as

those perpetrated in Barcelona in August 2017

and Carcassonne in March 2018 continue to

take place. Although third-party agreements

have eased irregular migration to a certain ex-

tent, this problem is far from been solved. In the

socio-economic arena, economic union (includ-

ing banking union) must be completed and

steps must be taken to close the gap the great

recession has created between northern and

southern Europe in terms of creditor and debtor

states and correct the tremendous inequality

that now exists in EU countries as a result of

neoliberal policies that put the wealthy in a po-

sition to increase their fortunes substantially

during the crisis while working and middle class

people, in contrast, have seen their wages drop,

their social rights cut back and their employ-

ment prospects become more precarious.

This rise in inequality and insecurity, the un-

certainty and fear about the future that has

taken hold in broad sectors of European society

and the weakening of the social state are col-

lectively to blame for the most serious problem

the Union now faces: the rise of ultranationalist,

Member States and

EU values: the challenge

of nationalism

José Enrique de Ayala