08 December 2020
Disqualifying Instability
The so-called conditionality mechanism (in other words: "money for the rule of law") provides that breaches of the principle of the rule of law that threaten the EU’s financial interests may lead to suspension of funding. Poland and Hungary oppose this conditionality as they – with good reason – fear that they might be affected by it. What is required not to be subject to this mechanism, however, is quite straightforward and can be reasonably expected by an EU Member State. Continue reading >>
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02 November 2018
Playing the chicken game: The conflict over Italy’s draft budget reveals a construction flaw in the EMU
The next period of nightlong European summits and standoffs between the European institutions and one of its member states is looming: Italy and the EU are at odds about its new budget proposal. This is a result of the setup of the Economic and Monetary Union, which will continue to produce such stalemates as long as dominant countries make common rules for their own sake and others try to circumvent them. Continue reading >>27 October 2018