2008年全球金融風暴為歐洲債券危機埋下隱患，歐元區國家紛紛進行紓困以提振經濟，導致財政赤字更加嚴重。歐元區各國因採行單一貨幣而喪失獨立的貨幣政策，使得融資工具受限。信用評等機構又先後對周邊國家調降評等，無形中擴大危機。歐洲債券危機不僅讓歐洲經濟暨貨幣同盟的結構缺陷再度浮上檯面，亦引發歐元區解決方案的認知分歧，形成以德國為首的撙節派和法國代表的反撙節派間的對立，政治界興起一片波瀾。 為分析未來歐洲統合的方向和進程，本論文從政治和經濟面了解經濟暨貨幣同盟的建立與歐洲債券危機的發生，並透過自由政府間主義的分析層次，探究未來歐洲統合的發展。經由上述方法，研究發現就德法目前國內情勢和相互交往來看，未來歐洲統合的發展可能維持現狀，而不會開倒車或形成完全的超國家建制。至於理論是否和事實重合，又有待日後持續觀察。 / After the outbreak of the European Debt Crisis since 2009, the necessity and possibility of the further integration is once again highly valued. To analyze the future development of the European integration, the thesis looks into the establishment of the Economic and Monetary Union and the outbreak of the European Debt Crisis. In addition, it looks into the relation between Germany and France through the approach of the Liberal Intergovermentalism to explore the future development of the European integration. The result of the research demonstrates that it is likely European integration will remain at status quo, instead of advancing integration to the establishment of supranational institutions, nor leading to the breakup of the European Union. While Liberal Intergovernmentalism provides the integration analysis with a feasible approach, whether the result of the research coincides with the future development of the European integration still remains to be seen.