Mario Draghi describes the EU as a confederation

Former European Central Bank President Mario Draghi has finally articulated a crucial truth: the EU is a confederation, nothing more, nothing less. However, the confederal structure has exhausted its usefulness. To remain relevant, it must take the final step in its evolution: federation. If we accept that the EU is currently a confederation, then federalism is not an extreme leap, but the natural evolution of an existing structure that has reached its functional limits.

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Mario Draghi Is Right to Call the EU a Confederation – The New Federalist