Power will always, firstly try to increase its power and secondly try to hold on to power. All other concerns are subordinate.
The European Union is systematically and methodically marching towards further integration as a way to increase its power and using crisis management as the tool.
You might want to read the above sentence again, and chew on it for a bit. Because what I am saying is this: Rather than being one crisis at a time and then trying to fix then. These crises are a necessary part of the ongoing process to bring about further integration (increase of power). Each crisis: Ireland, Spain, Greece, Cyprus has gone by a very clear 7 point plan:
EU Crisis Management 7 Point Checklist
1. There is a time critical situation in a crisis country, which needs immediate emergency measures.
2. European leaders meet and come up with a solution involving financial support for the troubled country.
3. The solution is reported as a “one off” or “an exception” or a “unique case”
4. The one off solution always involves concessions from the country seeking assistance which involve:
a. A relinquishing of some of its sovereignty
b. Actions that make it difficult in the future for it to take back its sovereignty
5. The above number 4. always involves a transfer of sovereignty to the EU and in particular the Commission (a group of undemocratically elected officials)
6. The country receiving assistance only gets enough to keep its head above water. Thus making it harder for the country to break away from the European Union in the future.
7. With the next country to have a crisis the EU then begins from number 1 on the above list, but with increased loss of sovereignty compared to the previous crisis country AND slowly bring as standard solutions those which were before mentioned as “one offs”.