The Eurocrisis forcefully exposed the Euro’s structural deficiencies, which are back in the limelight due to COVID-19. It is widely acknowledged that EU fiscal integration is required to adequately... Show moreThe Eurocrisis forcefully exposed the Euro’s structural deficiencies, which are back in the limelight due to COVID-19. It is widely acknowledged that EU fiscal integration is required to adequately remedy the remaining deficiencies. However, national constitutional authorities limit the scope for EU fiscal integration based on national sovereignty, democracy and parliamentary prerogatives. The result is a fundamental dilemma: effective EU fiscal integration appears necessary to stabilize the Euro and legally impossible due to national constitutional limits.Confronted with this dilemma, this thesis determines the national constitutional space available for EU fiscal integration. Part I includes a comparative assessment of national constitutional limits to determine how constitutional systems react or could react to EU fiscal integration. Part II tests current EMU reform proposals against the charted national constitutional to evaluate their attainability. Overall, the thesis demonstrates that even rigid national constitutional limits can accommodate EU fiscal integration. To rebut the outlined dilemma the thesis proposes: First, to comprehensively include EU fiscal integration benefits into the national constitutional appraisal thereby replacing the prevailing competence-centric interpretation of national sovereignty and democracy. And second, to design EU fiscal integration in light of national constitutional concerns. Both propositions facilitate the attainment of EU fiscal integration by equally respecting national constitutional concerns. Show less
Over the past years, during the debt crisis, the euro has changed profoundly. As a result, it now differs fundamentally from what it was when it was introduced in the early 1990s by the Treaty of... Show moreOver the past years, during the debt crisis, the euro has changed profoundly. As a result, it now differs fundamentally from what it was when it was introduced in the early 1990s by the Treaty of Maastricht. Characteristic of this change is a broadening of the currency union’s conception of stability. Whereas it used to grant overriding importance to price stability, it now also explicitly takes into account financial stability. Financial assistance operations for distressed member states and government bond purchases by the European Central Bank are the essential manifestations of this change. Surprisingly, this has come about with hardly any formal amendment to the Union’s ‘basic constitutional charter’, the Treaties. How, then, to understand this change? This dissertation argues that the Union has gone through a constitutional transformation, which occurs when constitutions change shape without formal amendment. Using solidarity as its lens, it conceptualises the unity between the member states and analyses how it was preserved during the crisis. It then goes on to show how this substantively changed the euro’s set-up and why, ultimately, the Court of Justice could not turn against this change in Pringle and Gauweiler. Show less
This thesis explores a conception of the EU as a modified confederal system of sovereign member peoples and their states. A confederal conception which demonstrates how, contrary to popular belief... Show moreThis thesis explores a conception of the EU as a modified confederal system of sovereign member peoples and their states. A confederal conception which demonstrates how, contrary to popular belief, European integration does not conflict with sovereignty or democracy. For, properly conceived and constituted, the EU reasserts the sovereignty of the member peoples, and liberates national democracy from the confines of the state.To this end, this thesis reconnects the EU to two classic constructs of constitutional theory: confederalism and sovereignty. Two powerful but unfashionable constructs whose joint potential for European integration remains largely unexplored and undervalued. The primary instrument to explore this potential is comparative. The EU is contrasted with the rather unknown but rich example of the American Articles of Confederation, and their evolution into the now famous American federate system. A comparison with the confederal roots of the United States which is revealing for both confederalism and sovereignty, and illustrates the potential of linking both for a constructive constitutional theory of the EU. A theory which does not have to overcome history and the statal system it has created, but connects with it. A theory, therefore, that may help to recapture the EU and the increasing authority it wields, both in theory and in practise. The thesis is subdivided in three parts. Part I addresses confederalism. It demonstrates how the constitutional system of the EU combines a confederal foundation with a federate superstructure, and explores the particular strengths, weaknesses and limits of this modified confederal system. Part II discusses sovereignty. It first demonstrates how the EU forms a logical confederal evolution of popular sovereignty, and how European integration does not conflict with sovereignty. Subsequently, it shows how the concept of confederal sovereignty equally helps to dispel the presumed conflict between statism and pluralism, how it respects and conciliates national and EU claims to supremacy, and how it allows a confederal evolution of national democracy, which updates democracy to the global reality it is to control. Part III applies the findings of Part I and II to the EMU crisis and the challenge of establishing an effective democratic foundation for the EU at the national level. An application which demonstrates the concrete and attractive contributions a confederal approach can make to addressing some of the core challenges facing the EU. Show less