by Philippe de Schoutheete, Stefano Micossi
This 14-page essay discusses how recent developments have modified the existing allocation of tasks between the EU and national levels and the legitimising mechanisms in decision-making by the EU institutions.
The return of political union to centre-stage has been a product of necessity, i.e. the need to overcome an existential crisis of the eurozone. The arrangements and instruments set up to cope with the crisis have generated a change in nature of Union institutions, as the centre of gravity of common policies has shifted from market opening, trade and agriculture, to the coordination of economic policies – an area where the Union competences were heretofore limited to ‘soft’ coordination and budgetary discipline by means of peer pressure within the European Council.
Download PDF: http://www.ceps.eu/ceps/dld/7757/pdf
Our partner source: youth-in-action.org