Conclusion: Where Is the Compass Pointing to?

  • Jérôme CreelEmail author
  • Éloi Laurent
  • Jacques Le Cacheux


The most recent wave of Eurobarometer depicts a contrasted image of the European Union citizens’ priorities and expectations, with concerns about the economic situation being dwarfed by immigration and terrorism. Whereas the European Council meeting held on June 28–29, 2018, was supposed to adopt the reform agenda for the Euro Area based on the Franco-German letter of intent negotiated a couple of weeks earlier in Meseberg, the topic is barely mentioned in the meeting conclusions, almost entirely dedicated to dealing with migration flows. Is progress in the reform of the Euro Area possible at all? What kind of package deal could be approved by so dissenting national governments?


Package deal Euro Area budget Migration Non-cooperative strategies 


  1. iAGS. 2017. Repair the Roof When the Sun Is Shining. 6th Report of the Independent Annual Growth Survey.
  2. German and French Governments. 2018. Meseberg Declaration, June 19.

Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Jérôme Creel
    • 1
    • 2
    Email author
  • Éloi Laurent
    • 1
    • 3
    • 4
  • Jacques Le Cacheux
    • 5
    • 6
    • 7
  1. 1.OFCE, Sciences PoParisFrance
  2. 2.ESCP EuropeParisFrance
  3. 3.School of Management and Innovation Sciences PoParisFrance
  4. 4.Stanford UniversityStanfordUSA
  5. 5.Université de Pau et des Pays de l’AdourPauFrance
  6. 6.Ecole Nationale des Ponts et ChausséesMarne-la-ValléeFrance
  7. 7.Sciences PoParisFrance

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