Europe

[Furunculus]

The EU recognizes this principle since 1986. You can even bring it in front of the ECJ if you think it's not being respected. The commission has to produce yearly a detailled account on the respect of subsidiarity for the EP.

Not to burst your bubble, but the principle of subsidiarity is in theory more guaranteed by the EU than by most European states (which doesn't mean much, I give you that, since most states don't give a rat's ass about the principle of subsidiarity).

why then is the EU trying to acquire regulatory control to sovereign nations financial markets. to give but one example i would suggest the UK hedge-fund market.
why does europe want a common foreign policy, that is much better devolved to national governments.

that is fine, because there is a solid link between the governed (demos) and the governors (cratos) whereby the former agree to be ruled by the latter in their name............. because the bond of shared culture, history, and society permits a trust that the latter will act in accordance with the peoples wishes. that does not exist in europe as a polity, and if people like centralised government nationally then that is their choice.