Monetary union crisis reveals deep flaws in European integration process.
The European Monetary Union (EMU) is like a symbol for the whole European integration process. The crisis in the euro zone is not just about the decision to create EMU, but also reflects broader issues in European integration since the 1950s. The crisis includes the risk of monetary union collapsing, people losing trust in European institutions, and problems with decision-making in a Union of 28 diverse countries. The EMU's weaknesses mirror the challenges faced by the entire European integration project.