Jeffrey Sachs Warns: EU Collapse Still a Real Possibility

World » EU | June 4, 2025, Wednesday // 09:19
Bulgaria: Jeffrey Sachs Warns: EU Collapse Still a Real Possibility

The possibility of the European Union collapsing is not out of the question, according to American economist Jeffrey Sachs. In an interview with the Russian news agency TASS, the Columbia University professor and director of its Center for Sustainable Development described the EU as “a rather fragile structure” and warned that, while a stronger, modernized European bloc would benefit both the continent and the wider world, the opposite outcome - its disintegration - remains a real scenario.

Sachs pointed to ongoing discussions within the EU about potentially excluding Hungary or stripping it of its voting rights. He said this idea stems from Hungary's stance on the war in Ukraine, which, according to Sachs, boils down to a simple truth: that the conflict must be brought to an end and the EU should stop fanning its flames. The American academic highlighted the complications that arise from the bloc's current rule of unanimity in decision-making. The idea of sidelining Hungary - either by removing its veto or pushing it out of the process entirely - is actively being considered, Sachs claimed.

He also touched on growing discontent across the continent, both with the war in Ukraine and with the leaders of major EU member states. Sachs cited figures such as UK Labour leader Keir Starmer and French President Emmanuel Macron, arguing that both are deeply unpopular at home, with their disapproval ratings outpacing any support. He noted a broader frustration directed at the EU’s institutions themselves. “Many people are extremely dissatisfied with the Brussels bureaucracy,Sachs concluded. “I count myself among them.

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Tags: EU, Sachs, American

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