The sovereign debt crisis triggered a process of reforms in European economic governance that pushed for technocratic handling of budget decisions following standardized procedures, target measures, and indicators for fiscal monitoring. This shift, aimed at producing more stability and less...

Do parliamentary parties politicize compliance within the European Semester? If so, which conflict lines organize parliamentary debates? In order to address these questions, this discussion paper analyses national parliamentary participation in two budgetary cycles of the European Semester (2014...

This paper argues that Capital Markets Union - the EU's attempt to establish a more marketbased financial system - is a result less of financial policymaking than of macroeconomic governance in a politically fractured polity. The current governance structure of Economic and Monetary Union (EMU)...