The purpose of this paper is to analyze the various challenges facing European integration and the EU institutional architecture as result of the global financial crisis. The European integration process is not yet complete, both in terms of its content and geographical coverage. It can be...

This Working Paper analyses the development of the interpretation that the European Commission has given to the TFEU provision concerning mechanisms for extensions of collective agreements. The paper examines how the Commission has reinterpreted these provision and the challenges this poses for...

Anfang dieses Jahrzehnts schien der künftige Weg der Europäischen Union vorgezeichnet: Der Erweiterungsprozess sollte fortgesetzt werden, und der Vertiefungsprozess sollte in eine gemeinsame Verfassung münden. Mittlerweile tritt wieder etwas stärkere Skepsis zutage - sowohl gegenüber einem...

The global financial and economic crisis in 2008-09 followed by a "Euro crisis" - not a crisis of the Euro but a sovereign debt (and/or banking) crisis in some Euro countries - forced to reforms of the asymmetric policy design of the Economic and Monetary Union (EMU). Starting with ad-hoc rescue...

The ongoing Euro crisis and the worse economic development in Europe than in the USA are grounded, not the least in the delayed implementation of reforms of the banking sector. Whereas the leaks in economic governance of EMU have been fixed the banking sector is still not stabilised, even five...

Not so much and we should not, at least not yet.