Crisis and European Union: Political Aspects

DOI: 10.20542/0131-2227-2012-11-33-42

N. Arbatova, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO RAN), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (

Abstract. The focal point of the article is the future of the European Union that has been challenged by the deepest systemic crisis in its history. The world economic and financial crisis became merely a catalyst for those problems that had existed earlier and had not been addressed properly by the EU leadership. The author argues that the EU crisis can be overcome only by new common efforts of its member-states and new integrationist projects.

Keywords: Europe, European Union, EU, economic crisis, IMF, member-states, “new” Europe, “old” Europe, “soft power”

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For citation:
Arbatova N. Crisis and European Union: Political Aspects. World Eonomy and International Relations, 2012, No 11, pp. 33-42.

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