Bulletin n. 1/2012 | ||
June 2012 | ||
Michéa Frédérique |
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L'appropriation de la gouvernance économique par le Conseil européen | ||
in Revue de l'Union européenne/Revue du Marché Commun et de l'Union européenne , n. 556, mars , 2012 , 169-177 | ||
In the context of the public debt crisis in Europe, the European council has clearly took its stand as the legitimate institution to lead the economic governance of the new Union. Actually, with the latest developments (legal economic governance package, new budget pact, split up of the institution into two bodies, etc.), the European council was consistently the bearer of an economic and budget integration ambition, either through a general political impetus or by influencing more directly the passing of material rules. However the European council by essence remains an intergovernmental body that disturbs the Union's institutional balance. The direct involvement of heads of state or government in economic governance files tends to weaken not only the Commission's power of initiative, but also the institutional position of national parliaments and of the European parliament | ||