This Policy Brief argues that the envisaged design of the Banking Union risks not being sufficient to deal with the next large-scale financial crisis. Therefore, an “if all else fails” […]
External publications
European countries work together in crisis management, conflict prevention and many other aspects of security and defence policy. Closer cooperation in this policy arena seems to be the only viable […]
One of the key innovative elements of the Lisbon Treaty was the creation of a European Citizens’ Initiative. Egmont Paper 59 evokes the main legal elements of the European Citizens’ […]
With the aim of breaking the negative feedback loop between Europe’s financial and sovereign debt crises, the EU decided to create a common supervisory framework for the banking sector: the […]
The idea of introducing contracts between Member States and the EU on structural reforms has its merits, it also has several disadvantages. Most notably, the contracts risk rendering European economic […]
Both the Commission’s proposal for a ‘Competitiveness and Convergence Instrument’ and the ‘contractual arrangement’ presented by President Van Rompuy share a common concept: associating EU money with national structural reforms […]