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François Mitterand was perhaps a social democrat, but not Third Way. His thinking in pushing for the euro, and particularly in persuading (conservative) Kohl, was that a reunified Germany would be tempted to break free of the EU. The euro was a political project intended to lock Germany in, following the tradition of European economic union leading to necessary cooperation and increased political union. A couple of decades on, the cooperation and governance that should have appeared necessary, have not materialised. Quite possibly because Mitterand's fears regarding German attitudes were not unfounded.
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Dec 14th, 2010 at 01:33:39 AM EST

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