摘要：The sovereign debt crisis in some EU Member States has shown that greatereconomic convergence, the long-term sustainability of public finances and aEuropean approach to banking regulation and resolution is necessary in orderfor the eurozone to become a sustainable currency area. This requires furthereconomic, budgetary, financial, and thus political, integration of the EuropeanUnion. However, when EU governance mechanisms are implemented orstrengthened there is a need to reinforce the democratic legitimacy ofinstitutions and procedures.
