Roger Godino and Fabien Verdier think that the only way to impart a dynamic new thrust to Europe is to make a federal leap, that is to create a European Federation. It would be established by an international treaty signed initially by 6-7 countries (Germany, France, Belgium, The Netherlands, Italy, Spain and possibly also Poland). The European Federation  would enjoy both effective governance and real democratic oversight. 

According to both authors, it is the only way to launch a major initiative for growth capable of fostering a new industrial dynamic in Europe and to give the euro the political consolidation that so sorely lacks today.

This Policy paper is based on the six following elements:
1. Europe, Germany and France
2. The European idea: from a 28-strong Europe to a European Federation
3. The institutional organisation of a European Federation
4. A European growth initiative for a European Federation
5. The harmonisation of taxation for a European Federation
6. A draft constituent treaty for a European Federation