European Union predicted decay

Experts do not exclude that the Euro bloc can repeat the fate of those empires that collapsed after the end of the First World War, recalling that in 1918 a number of European powers agreed to end the global conflict. As a result, many independent states appeared in Europe. After a century, the future of the European continent was again in question, as was its integrity.

According to historians and economists, the Italian nationalists and representatives of the north-eastern part of Poland began to doubt the necessity of the euro bloc. Earlier, the UK announced its withdrawal from the European Union, and now this issue is almost resolved. A supporter of the integration of European countries is the French leader Emmanuel Macron. The politician believes that the strength of Europe is in unification, and accuses other countries of short-sightedness. He believes that the collapse of the Euro block endangers the existence of all European states. He is supported by the managing director of the IMF, Christine Lagarde, who made an appeal to the leaders of the EU countries. She considers it necessary to take measures aimed at preventing the mass withdrawal of countries from the EU.

According to the ex-foreign minister of the Czech Republic, Karel Schwarzenberg, such a fairly young structure, like the European Union, can crumble if it is not modernized. "If European countries cannot unite and ensure that all reforms are implemented, they will collapse," the politician said. Experts call the Euroblock the latest version of a large continental association of languages and cultures and Schwarzenberg supports this view.

Analysts point out that it is very difficult to find a balance between an attempt to transfer power into the hands of national parliaments and the desire to achieve deep integration in relation to currencies and EU borders. Many countries resist further interaction. Only France and Germany are trying to strengthen the Euroblock and keep it afloat, experts say.