
Europe’s Defence Dilemma: Why Fiscal Union Is No Longer Optional
Without radical institutional reform, Europe cannot mount the defence it desperately needs against an increasingly aggressive Russia.
Author profile

Andris Šuvajevs is a member of Latvia’s parliament, representing the Progressives, a green party of the left. His political work is focused on fiscal and tax policy as well as public spending. He has previously worked as a financial journalist, policy analyst and lecturer in social anthropology.

Without radical institutional reform, Europe cannot mount the defence it desperately needs against an increasingly aggressive Russia.

Europe must balance rising defence needs with social spending, or risk political turmoil and far-right gains.

The new EU fiscal rules being finalised would still leave central- and eastern-European states such as Latvia in a bind.

The proposed new rules would give member states more role in defining their ‘fiscal paths’—just not parliaments.

In going along with rate rises, European governments are saving the European Central Bank—not their societies.