Friday, June 17, 2011

The EU needs "sovereignty" in energy

I have often argued that the best way for the countries of Europe to maintain their sovereignty is the new global systemics is via full union (ie not the current level of union).

Here is one example:

Eurostat has announced toda
y a big hike in EU27 deficit for energy: -92.2 bn euro in Q1 2011 compared with -69.3 bn in Q1 2010!

The EU trade deficit in energy shows that the EU needs to become much more energy self-sufficient, else its sovereignty is at stake. The EU, is in full union, can achieve this.


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