If governments let themselves be fully bound by the decisions of their parliaments without protecting their own freedom to act, a breakup of Europe would be a more probable outcome than deeper integration.
Mario MontiGrowth in any individual European country has to be the result of policies for growth pursued in that country consistent with budgetary discipline.
Mario MontiIn the area of macroeconomic policies, I think we'll see more centralization, like in the budgetary sphere.
Mario Monti