Katharina Osterholt
Broschiertes Buch

Is the EU Fiscal Compact enough to avoid another Euro Crisis?

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Seminar paper from the year 2012 in the subject Politics - International Politics - Topic: European Union, grade: B bzw. 1,7, BI Norwegian Business School, course: The EU Policy Process, language: English, abstract: This paper investigates the evolvement of the Fiscal Compact out of the Maastricht stability criteria using liberal intergovernmentalism and economic theories and gives an outlook into a possible future.The new Fiscal Pact includes an automatic mechanism that sets in directly when a member state reaches a high public debt or government deficit. Furthermore, the EU Court of Justice ...