The two major economic engines are sluggish and Europe's economic recovery is struggling. EU institutions believe that the current key shortcoming is that "Europe's own money cannot serve the European economy" The instability of internal and external markets and various uncertainties are also constraining Europe from mobilizing funds on hand.

The downturn will definitely aggravate voters’ disappointment, which will also have a backlash in the next series of elections, says H.A. Hellyer, an economist at the Centre for European Policy Studies.