La proposta franco-tedesca per la creazione di un bilancio della zona euro: criticità e prospettive

Translated title of the contribution: [Autom. eng. transl.] The Franco-German proposal for the creation of a eurozone budget: critical issues and prospects

Research output: Contribution to journalArticle

Abstract

The article aims to analyse the Franco-German proposal of a Eurozone budget, presented by the two governments in a joint document in November 2018. After recalling the reasons why the Member States of the monetary union need an ad hoc budget, the essay identifies the fundamental features of such an instrument in the light of the long institutional and academic debate on the matter. From a critical perspective, the analysis highlights some of the fundamental deficits of the project regarding both its legal basis, effectiveness and parliamentary control at European and national level. The article eventually questions whether and under what conditions the Eurozone budget will remain a symbolic achievement or evolve into a genuine fiscal capacity.
Translated title of the contribution[Autom. eng. transl.] The Franco-German proposal for the creation of a eurozone budget: critical issues and prospects
Original languageItalian
Pages (from-to)371-389
Number of pages19
JournalDIRITTO COMUNITARIO E DEGLI SCAMBI INTERNAZIONALI
Publication statusPublished - 2018

Keywords

  • Bilancio della zona euro
  • Economic and Monetary Union
  • Eurozone budget
  • Unione economica e monetaria

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