In reaction to disruptions of the Single Market, the European Commission put forward an emergency instrument. It proposes far-reaching measures in order to maintain the proper functioning of the Single Market and ensure the supply and distribution of goods and services. The dirigiste...

Over the last ten years the European unification project seemed to rely overwhelmingly on progress in economic terms. The most prominent achievements – the Single Market, the harmonisation of market regulation, the euro – were all driven by an economic rationale. However, attempts to rescue...

The process of European integration can be described as the increasing interdependence between economies at different levels of development and with different productive capabilities. It evolved from a pre-eminently political project to a ‘de-politicised’ management based on the automatism...

In the debate about a possible exit of Greece from the euro area, Argentina is often referred to as an example - both by those in favour of and those warning of the adverse effects of a Grexit. Yet, while Argentina pulled off an impressive economic recovery after its 2001-02 crisis - one that...

In view of the multitude of factors which are at work it is evident that there is no one-way solution to the current problems of the EC. Rather a differentiated approach is required. In this context it is essential that the long-term economic and political goals of the Community are not...