Conference Paper

Despite the seemingly self-evident characteristics of the eurozone crisis, neither the policy reactions to it, nor the existing proposals for economic reform, nor the long-term solutions proposed, or already tested in practice, nor the reactions to those policy options attest to an agreement as to how to exit the crisis, but most importantly as to what the crisis is all about to begin with. This article suggests that the deep causes of this crisis should be traced in the neoliberal rationality that has been consensually permeating all spheres of European economic, social and political life. Addressing the characteristics of this European neoliberal predicament, the paper concludes that the crisis should be treated as a vantage point of reflection on what and where the European Union is and, most importantly, on what and where it should be.