Its remarkable that citizens from mostly the US and UK think this is horrible, while most citizens from western Europe actually already deal with these systems on a national level - so it isn't anything new.
Similar to how bank transactions have been instant in Europe for more than two decades, but are still a novelty in the US. Or pre-filled tax forms.
This regulation should be seen in the context of the pre-existing systems which it builds on, towards a common European standard. An obvious criticism is that this centralizes power, but that is fundamentally rooted in the assumption that the EU is similar to the US: It's not.
In the EU the component States are very influential, they have formal or 'soft' veto's on practical all matters. There are no EU presential elections. The EU 'government' is run by appointees nominated by the States. Its much more like the US Confederacy. (pre- federation, long before civil war, not that confederacy)
Similar to how bank transactions have been instant in Europe for more than two decades, but are still a novelty in the US. Or pre-filled tax forms.
This regulation should be seen in the context of the pre-existing systems which it builds on, towards a common European standard. An obvious criticism is that this centralizes power, but that is fundamentally rooted in the assumption that the EU is similar to the US: It's not.
In the EU the component States are very influential, they have formal or 'soft' veto's on practical all matters. There are no EU presential elections. The EU 'government' is run by appointees nominated by the States. Its much more like the US Confederacy. (pre- federation, long before civil war, not that confederacy)