ESM

ESM

ESM

ESM

3 April 2018

Germany’s leadership role in the Eurozone revisited: past and present

By Siegfried Schieder and Claudia Guarneri

Notions such as ‘leadership’ or ‘hegemony’ suggest that without a strong Germany to enforce the Eurozone’s fiscal restrictions, the implementation of difficult albeit necessary structural reforms would not be successful at preserving the Euro. However, is it justified to view Germany as a leading power during the Eurozone crisis? Moreover, what does the new German government mean for the Eurozone’s ambitious plans for deeper economic integration?

16 January 2018

The Future of the ESM: Towards a Deeper Economic and Monetary Union?

By Federico Bruno

The European Stability Mechanism (ESM) is currently undertaking a process of reform. Although a broad consensus exists about the need to extend its functions and to turn it into a European Monetary Fund (EMF), the nature of its future tasks is far from uncontested.

«The creation of a voluntary supranational citizenship would contribute to solve the tensions generated by intra-EU migration.
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