Option 1 – Going back to the basics

Going back to the basics

Supporters of this option argue that the events of recent years have shown that European integration has gone too far and that the EU should abandon moves towards an "ever closer union". For them performing a U-turn and undoing mistakes of the past is the most promising way forward to rescue the most worthwhile result of European integration: the Single Market. Dismantling the euro in its current form would – according to advocates of this option – not lead to a collapse of the Union, but rather herald the start of a more pragmatic, effective approach to European integration.

Presentation of strategic option 1 (pdf extract from executive summary)