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26 September 2024
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Towards Shared European Finances

The EU is once again eyeing a workaround to address an emerging challenge. A few days ago, former ECB President Mario Draghi issued a landmark report to stem the EU’s decline, calling for a massive investment of 800 billion euro annually. Draghi’s proposal is in line with an emerging post-pandemic pattern in EU policymaking. This pattern is characterized by flexible, ad-hoc measures that are implemented outside of the bloc’s treaty framework. We celebrate the boldness and effective design of this important template, even as we recognize some legal creativity necessary to carry out bold moves. Continue reading >>
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14 August 2023
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How Cohesion Became the EU’s Vehicle for Economic Policy

In Brussels, something remarkable has happened in the last four years. Cohesion policy—which had heretofore been a policy backwater, aimed at addressing regional disparities—has emerged as the EU’s primary vehicle for reshaping economic and related fiscal policies in the Member States. As a result, any economic or fiscal policy measure that can be plausibly described as a structural reform (primarily an area of Member State competence, subject to Union coordination) can now be reframed as a measure of EU cohesion policy (a shared competence) that can be supported by EU funds to incentivize compliance. How did this happen? Continue reading >>
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09 December 2022
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An early Christmas Gift from Karlsruhe?

The 6 December Karlsruhe ruling on the constitutional complaints against the ‘Act Ratifying the EU Own Resources Decision’ will be received by many as a Saint Nicholas present. This time, the Federal Constitutional Court avoided the head-on collision with the EU it caused with its PSPP judgment two and a half years ago. Instead, it opted for a seemingly constructive assessment of the EU’s pandemic recovery instrument. In particular, it found that the ORD did not manifestly exceed the competences conferred on the EU – i.e., it was not ultra vires – and did not affect the constitutional identity of the Basic Law. While the ruling is not as constraining as some might have feared, it does not give card blanche for a more permanent EU fiscal capacity. Continue reading >>
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31 August 2022

Kein Geld ohne Reform

Polen stehen rund 35,4 Mrd. Euro aus dem im Dezember vom Europäischen Rat beschlossenen Nachcorona-Sonderbudget  („Next Generation“) zu. Bisher sind Zahlungen an Polen nicht geflossen.  Die EU-Kommission hatte am 1. Juni eine Reihe von Reformauflagen für das polnische Justizsystem als Bedingungen für die Freigabe des Aufbau- und Resilienzplans beschlossen. Zwar hat die polnische Regierung seitdem einige Reformen veranlasst, die europarechtlichen Voraussetzungen für die Auszahlung von Geldern an Polen aus dem Aufbaufonds der EU sind aber weiterhin nicht gegeben. Continue reading >>
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29 July 2022

Karlsruher Türsteher

Diese Woche, am 26. und 27. Juli, verhandelte das Bundesverfassungsgericht das „Eigenmittelbeschluss-Ratifizierungsgesetz“ (ERatG). Die politischen Entscheidungen, die in Gestalt des Wiederaufbaufonds „Next Generation EU“ in rechtliche Form gegossen wurden, trafen dabei auf alte Rechtsfragen. Continue reading >>
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29 April 2021

Between European Commitment and ‘Taking the Law Seriously’

On 27 April 2021, the Constitutional Law Committee of the Finnish Parliament adopted its much-awaited opinion on the EU’s Own Resources Decision. It established that its approval requires a qualified majority and thus a significant bulk of votes from the opposition, which has been highly critical of the package. Now, for many MPs, the situation creates an impossible dilemma between their European commitment and taking the law seriously. Continue reading >>
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