Euro Crisis

Die Eurokrise (auch Euro-Krise) ist eine seit 2009 andauernde Krise innerhalb der Eurozone. Dabei handelt es sich um eine multiple Krise, die Aspekte einer Staatsschuldenkrise, einer Bankenkrise und einer Wirtschaftskrise aufweist. Die Bezeichnung „Eurokrise“ bezieht sich nicht auf den Außenwert des Euro, denn dieser blieb relativ stabil.Die Eurokrise resultiert aus einer Vielzahl unterschiedlicher Faktoren, deren jeweilige Gewichtung umstritten ist. Insbesondere im Fall Griechenlands steht die Entwicklung der Staatsschulden im Vorfeld der Krise im Vordergrund.
Artikel zum Thema Euro Crisis
    • Losing to the European Union: A Review of Yanis Varoufakis' Book "Adults in the Room"

      Yanis Varoufakis, Adults in the Room: My Battle with the European and American Deep Establishment (New York: Farrar, Straus and Giroux, 2017) hardback i-ix, 1-550. Yanis Varoufakis’ latest book is a detailed account of his time as Minister of Finance of Greece and his struggles with the Eurozone crisis, a period which he describes as ‘the ruthless suppression of Greece’s rebellion’ (p. 1).

      Verfassungsblog- 68 Leser -
  • Summer of Love: Karlsruhe Refers the QE Case to Luxembourg

    … Yesterday, on the day of ferragosto, the turning point of Summer, when people in Italy traditionally gather at the beaches, the case of Italy’s opponents in monetary policy against the European Central Bank’s policy of Quantitative Easing (QE) reached a turning point of its own. The Bundesverfassungsgericht (BVerfG) referred the case…

    Verfassungsblog- 79 Leser -
  • The Ljubljana Initiative for Re-Launching the European Integration

    … It is a sign of unconventional times when earnest people wish you a less exciting year 2017 compared to the one that has just, luckily, passed. Starting a new year, a less exciting one then, is an opportunity for reckoning about the past and for charting the plans for the future. For those who care about the project of European integration…

    Matej Avbelj/ Verfassungsblog- 86 Leser -

  • After the Italian Referendum

    … So much was at stake for Italy, its political class and its economy, and for the European Union (EU) and its member states in the country’s failed referendum on constitutional reform. In the EU, Germany is a particularly sensitive case. The relations between Germany and Italy are a focal point in Europe. They used to be in an asymmetric, albeit…

    Christian Joerges/ Verfassungsblog- 56 Leser -
  • Comment on „The End of the Eurocrats’ Dream“

    … devalued by cynical use. Employed as a stabilising tool, without sensitivity for norms and generalizable aims, it now contributes to a façade (pp.9-11). Rules are abundant, but the EU is now in the throes of de-legalisation (p.308). The volume makes for powerful critical reading. While studies of the failings of Eurozone design and their institutional…

    Verfassungsblog- 59 Leser -
  • Reflections on the European Project: Some Thoughts on the Agenda

    … I was delighted to be invited by D. Chalmers, M. Jachtenfuchs and C. Joerges to join them and others in a reflection on the European project triggered by their book, ‘The End of the Eurocrats’ Dream: Adjusting to European Diversity’. It is always useful to rethink the European project. Yet, this is a great challenge and ‘some humility is required…

    Verfassungsblog- 43 Leser -
  • The End of the Eurocrats’ Dream in Endless Europe

    … of the Union’s overall political development and specific policies must be labeled ‘anti-European’. Responding to the Eurozone crisis and its political consequences at European and national levels, this group of academics actually proves the contrary need to engage in debates about the fundamentals of the European integration project by all who still care…

    Verfassungsblog- 39 Leser -
  • Putting Europe back on its feet – A timely wake-up call

    …1. Are „Eurocrats“ to blame for the bad shape of Europe? First of all, one has to ask whether „Eurocrat“ is a meaningful term at all. Obviously one can find lots of examples in the European law and politics that demonstrate a kind of hubris and at the same time a complete failure to accomplish the goals of the „European Project“ – one needs…

    Verfassungsblog- 35 Leser -
  • After the Eurocrats‘ Dream, the Contingence of the History

    … (2013), “The Democratic Legitimacy of the EU: Is Federalism the Solution or the Problem?” in Richard Bellamy / Uta Staiger (eds.), The Eurozone Crisis and the Democratic Deficit, Hix, Simon /Bartolini, Stefano (2006), “Politics: The Right or the Wrong Sort of Medicine for the EU?” Notre Europe, Policy Paper nº 19. Innerarity, Daniel (2012…

    Verfassungsblog- 36 Leser -
  • Governing at a distance:  democratic responsibility and social solidarity in the Eurozone

    … intellectual framing, such a political agenda cannot even be imagined in the first place. So let us all make greater efforts. SUGGESTED CITATION Ferrera, Maurizio: Governing at a distance: democratic responsibility and social solidarity in the Eurozone, VerfBlog, 2016/11/22, …

    Verfassungsblog- 29 Leser -
  • The Future of the EU between Independence and Interdependence

    … well for the first 50 years of European integration. It is little surprise, as highlighted in the book’s introduction, that law (if not the traditions of the democratic Rechtstaat) have also been a frequent fall-back mechanism in the EU’s ‘rescue’ of the Eurozone. The arrival in quick succession of the three major crises of the EU’s history have…

    Verfassungsblog- 31 Leser -
  • The End of the Eurocrats’ Dream

    … the Eurocrats dream to a nightmare. Stuck with the same policy tools but forced to tackle issues that are redistributive and win-lose with regulatory instruments ill-suited to addressing the multiple causes of the crisis or the local differences and varieties of capitalism of the Eurozone, the ‘permissive consensus’ has given way to an ever more vocal…

    Verfassungsblog- 31 Leser -

  • CJEU Opens Door to Legal Challenges to Euro Rescue Measures in Key Decision

    … that barrier with unpredictable consequences. During the height of the euro debt crisis in 2010, the European Council took a decision to establish a crisis response mechanism with the financial firepower to rescue euro member states unable to raise finance in markets. This mechanism, operating as an intergovernmental organisation under public…

    Verfassungsblog- 37 Leser -
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