Financial Crisis and the Return of the Sovereign, Some Thoughts on the Fiscal Pact’s Constitutional Context Cover Image

Finanční krize a návrat suveréna: Několik myšlenek ke státoprávnímu kontextu Fiskálního paktu
Financial Crisis and the Return of the Sovereign, Some Thoughts on the Fiscal Pact’s Constitutional Context

Author(s): Vojtěch Belling
Subject(s): Law, Constitution, Jurisprudence
Published by: Univerzita Karlova v Praze, Nakladatelství Karolinum
Keywords: Crisis in Law; Crisis of Law; European Union; Sovereignty; European Primary Law; EU Institutions; State

Summary/Abstract: The current financial and economic crisis in the EU again revives interest in questions connected with sovereignty, in particular with the ability of the sovereign to breach positive law while acting in accordance with general legal principales, in this case pursuing the goal of self-preservation. I n the present reality of a supranational EU , the logically following question then arises who the sovereign is. T he text argues that, under current circumstances, it is still the M ember S tates, which as “masters of the T reaties” wield the power and legitimacy to infringe and modify them, not EU institutions which are mere creations of EU primary law and are limited thereby.

  • Issue Year: 58/2012
  • Issue No: 1
  • Page Range: 7-21
  • Page Count: 15
  • Language: Czech