When dealing with EU reform proposals, the literature also tends to focus on the contrasts between Germany and France. Germany and Italy are of particular interest because they developed a different reading of the euro crisis.
«Political conditionality has been used to stave off some pressure by allowing stronger control on the policy. This in turn has allowed the policy to grow to be a successful institution. Was this a good deal or there are sunken costs whose consequences are still to unravel?»