Solving the Eurozone Crisis Through Deepening Economic Integration

In this paper I analyze (a) if a solution for the economic crisis of the Euro Area depends on the active involvement of the EU political system and (b) how can this involvement be made. My hypothesis is that the present crisis in the Euro Area can be solved by deepening the economic integration. The recovery of the European economic system (represented in particular by the Euro Area) depends primarily on the capacity of the EU political system to reach this objective through political cooperation in the economic field.