C. Bastasin: THE YEAR OF NON-RECKONING
The political setup within member states is becoming a priority for the survival of the European Union and the euro-area. European integration, through economic interdependence, has advanced through the interaction of grand coalition governments of various countries. The migrant crisis, instead, is polarizing national politics. 2017 will be the year when some of the largest countries in both the core and the periphery will see whether mainstream parties can take back control of the agenda. A cooperative game between member states could thus take place, favoring this outcome. Tackling the migrant crisis would thus go hand-in-hand with an accommodative fiscal and monetary policy.