More economic governance want some, tax harmonization and hard supervision of states that do not follow the rules by the book, are some other suggestions.
I say it was about time for them to do something about it. The thing that worries me the most is that they may eventually agree on something, but what will this something be and how will it affect us? Will we have the richer and most powerful states again "taking the lead" and tell all the rest of us what to do, according to their interests? Will we have lobbies that serve the rich elites, imposing more austerity on us? Will they agree on something that will solve the problems once and for all, or will they just paste over them again?
The EU represents mostly the elites and not as much the people, there is nothing new to this. There are voices though who try and work hard, most of them being in the European Parliament. There are people in EU and its system who want the best for the citizens, work is being done and ideas flow. But somehow, the rich elites of the rich countries high jack the whole thing and think too much in real-politic.
So here comes Mrs Merkel who answers to God knows whom and says "Nein" to the eurobonds. The boat is sinking and she halts the whole progress. We are going around in circles over and over again, but this time they are very dangerous circles. And our Governments instead of acting fast, they keep listening to the lobbies and their advisers (bankers, corporates, economists) both on national and EU level, because the EU is a huge lobby. Meanwhile people in Greece are committing suicide and people in Ireland are emigrating.
We should have a strong European Parliament and a fully functioning democracy between confederate states of Europe. Become like what the U.K. is becoming. A loose federal, political and economic entity. The Scots have their parliament for their national affairs, but they also have elected representatives in the House of Lords as part of Britain.
If we became more federal or confederate, then the rich powerful nations would not be able to dictate the poorer ones. We would decide the direction and future of our Continent together as a unit, with our directly elected representatives. For our national issues we would still have our national Parliaments in place. Right now as it stands, we have intergovernmental agreements that are being taken behind closed doors in the various E.U. Summits.
The other option of course is to go back to free trade, and reduce E.U. to something like EFTA/EEA. But then we will lose the E.P. and that will mean even less say for us in those intergovernmental agreements. Like what the Norwegians are having to deal with right now. They have to accept E.U. law and legislation as part of EEA (European Economic Agreement), they have to contribute with their taxes, but they have no say or representatives in the E.P.
They have traded this right for less EU budget contributions. So their Governing elites can lobby and make deals with other EU nations that the citizens of Norway have little knowledge or say on them! That is not a fully functioning democracy in international level!
Of course to achieve this plan we will need to compromise hugely a part of national sovereignty. Well are we really sovereign nations in a globalized world? Unless you become like Cuba or North Korea, you can not be fully independent while you have to be part of the World community and trade. By just joining the UN for example, you lose part of your sovereignty. We can not reverse globalization, but we can get prepared for it.
If our Leaders want more Europe, then let us have it our way not theirs. I do not want a Europe that there will be peripheral and core, rich and poor, developed and underdeveloped states. I want equality and democracy and that means binding our countries even closer together. If the rich countries lose their grip and power on European affairs, then this Continent can move forward united in progress.