European Union and it's issues

The European Union and the Euro dollar is suppose to provide better integration between the European countries with a long history trade, conflicts and fairly similar traditions. But it's inability to form a political consensus is preventing anything from getting done. At heart of the issue, is the idea of sovereignty and economic benefits that an Union brings.

The idea of an EU is to make financial markets more fluid and deeper and trade and movement more easier between member countries. An EU bloc enables member countries to tap into a deeper financing market of which by itself might be difficult or expensive to do so. Secondly, trade between these countries should have been more accessible hence enhancing growth as border are made more open to investment, goods and services.

But beyond economic benefits, no country would want their own national interest to be undermined by trading that for trade and financing. At the same time too, an European Union provide for better cooperation and communication in other pertinent political issues- but at the end of the day, no country would not want all these while losing their ability to govern themselves and manage their own internal affairs. No one at the end of the day, would want someone from another end of Europe telling them that, we cannot enjoy our local food and economy for integration purposes.

Therefore, at heart of the issue is not asking one to choose between membership or independence- but rather how does one ensure each and every member's sovereignty while ensuring that each and every member enjoy the fruits of better economic integration.

Therefore the impasse faced in Greece- is not so much that of membership or independence but rather, how do you respect the opinion of it's parliament- without appearing to be an incursive- while implementing plans that are needed to get them out of the credit freeze.

Greece itself is facing internal political strife as well. It is hanging onto a hung Parliament with no clear majority or coalition- and that have further add to the problems. The austerity measures proposed by the EU have to go through the Parliament in order for it to go into law and to be effective- therefore with a split Parliament, it is impossible for it to be implemented.

Further complicating the issues is the ticket that some of parties have used to get themselves into Parliament- which is anti-austerity- which means that they would have to oppose the EU for them to appear credible to their electorate. A term in Parliament is for the tenure of 4-5 years, but it's passing is swift and quick- once enacted, it will become effective.

That much is clear, but how then does these anti-austerity ticket holders intend to prop up growth and seek financing for it's debt appears to eluded. Unless independence by way of opposing is their ultimate aim- then in this case, riding on that anti-austerity ticket appears to be a sleight of hand and quite incredible to the electorate then.