That's not how the EU works. EU is driven by compromises between states. When a compromise is hard politically (like common debt was during Grexit) it gets she

That's not how the EU works. EU is driven by compromises between states. When a compromise is hard politically (like common debt was during Grexit) it gets shelved until a crisis rebalances things and a new compromise can be reached (as it was with common debt during Covid). So basically, if fiscal transfers are needed at some point to rebalance debt, we will get to that point and the EU will compromise again. Is there risk in this approach? absolutely, but it's pragmatic and based on a democratic process (the public opinions of all member states) rather than dogmatic based on some red/blue ideology/political split where compromise is unreachable, as in the US. In other words, even if the article is right, I don't necessarily see the trap; it's a trap now, based on current compromises. Those are (thankfully) elastic, as it's been demonstrated many times in recent history.