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The Fiscal Compact Treaty disempowers national parliaments and undermines trust between the peoples of Europe

Kocharov, Anna (2012) The Fiscal Compact Treaty disempowers national parliaments and undermines trust between the peoples of Europe. LSE European Politics and Policy (EUROPP) Blog (07 May 2012). Website.

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Abstract

The introduction of a common currency, the Euro, created severe economic interdependencies between its founding members: If budgetary deficits in one country explode, the remaining countries in the Euro zone ought to bail it out. The new Fiscal Compact Treaty imposes German budgetary discipline on the Euro countries. While these policies might be recommendable from an economic point of view, their imposition outside the national democratic process undermines European integration, argues Anna Kocharov.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2012 The Author; Online
Divisions: LSE
Subjects: J Political Science > JN Political institutions (Europe)
Sets: Collections > LSE European Politics and Policy (EUROPP) Blog
Date Deposited: 17 Sep 2012 08:54
Last Modified: 19 Mar 2020 00:32
URI: http://eprints.lse.ac.uk/id/eprint/45915

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