The global financial crisis, which started in the United States in 2007 and spread to Europe in 2009, has shown that the Economic and Monetary Union is faulty, preventing monetary policy autonomy and inhibiting competitiveness. Part of the response to the crisis so far has been incremental moves towards fiscal and banking union, which will mean a deepening of European integration at a time when many observers believed that a certain equilibrium had been reached after the entry into force of the Lisbon Treaty in 2009. This book focuses on these developments as well as analysing other economic policies that affect the general economic welfare of the EU, including agriculture, trade and immigration policies. The book puts the Eurozone crisis into the wider context of deepening and widening.

Part I Introduction; Chapter 1 The Eurozone Crisis and Other Policy Challenges in the EU, Finn Laursen; Part II The Eurozone Crisis; Chapter 2 Eurozone: Creeping Decay, Sudden Death or Magical Solution?, Kurt Hübner; Chapter 3 The Eurozone Crisis and the Fiscal Treaty: Implications for the Social Dimension and Democracy, Robert Finbow; Chapter 4 Britain and Monetary Union, Alasdair Blair; Part III Other Policy Developments and Challenges; Chapter 5 The Common Agricultural Policy: The Right Path versus Blind Alleys, Jacek Chotkowski, Benon Gazi?ski; Chapter 6 New Challenges for EU Trade Policy-making: Why is the EU Pursuing a Comprehensive Economic and Trade Agreement with Canada?, Stefanie Rosskopf; Part IV Deepening, Widening or Multispeed Integration?; Chapter 7 Direct Democracy: Remedying the Democratic Deficit?, Ece Ozlem Atikcan; Chapter 8 Europe After the Greek Default: Widening, Deepening, or Splitting?, Imtiaz Hussain; Chapter 9 Chronic Anxiety: Schengen and the Fear of Enlargement, Ruben Zaiotti; Chapter 10 Crossroads of Integration? The Future of Schengen in the Wake of the Arab Spring, Kiran K. Phull, John B. Sutcliffe; partV Concluding Chapter; Chapter 11 Equilibrium, Further Deepening or More 'Variable Geometry': Reflections on the Future of European Integration, Finn Laursen;