Which kind of federalism for the European Union in times of crisis?
Which kind of federalism for the European Union in times of crisis?
Author(s): Thierry ChopinSubject(s): Politics / Political Sciences
Published by: Research Center of the Slovak Foreign Policy Association (RC SFPA)
Summary/Abstract: The question of the future of the eurozone has become more and more acute. The member states have opted for an intergovernmental decision making process which favors their national interests and weakens those institutions which represent the common interest, such as the Commission and the European Parliament. At the same time, and under the pressure of the financial markets, member states have taken measures which aim at a stronger fiscal solidarity and a strengthening of the rules of supervision. This middle way is without a doubt the result of Europe’s paradoxical situation: the combination of a strong divergence of opinion amongst member states (which has led them to the decision to keep the right of veto over European decisions) with, concurrently, a strong economic interdependence.
Journal: International Issues & Slovak Foreign Policy Affairs
- Issue Year: XXII/2013
- Issue No: 01-02
- Page Range: 91-104
- Page Count: 14
- Language: English
- Content File-PDF
