Das System der 'Europ?ischen Wirtschaftsregierung' und die Rechtsnatur ihrer Teile: Sixpack – Euro-Plus-Pakt – Europ?isches Semester – Rettungsschirm

摘要

The banking-, sovereign debt- and economic crisis that erupted in 2008 exposed a principle flaw in the distribution of competences between the EU and its Member States with regard to monetary and economic policy in the EMU. To allow for a better co-ordination and surveillance of the economic policies of the EU's and especially the EMU's Member States, a new legal framework was created that soon generally was dubbed as "European Economic Government". This contribution not only introduces the new framework and its legal bases, but also discusses its consequences – last but not least for the institutional framework of the union – as well as its possible chances and limits. Finally, a case is made that all the measures figuring as "European Economic Government" contain only first elements of such a policy.