The European Council as a Crisis Manager - The EU's Fiscal Response to the COVID-19 Pandemic

Faced with the deepest economic crisis in its history, the European Union established a seminal COVID-19 recovery package relying on common debt. This book analyses the European Council's key role as a crisis manager and transformative force of the EU system. Combining thick descriptions of the history-making events of 2020-21 with EU theorising, we explain and critically assess the innovative set-up of the recovery package. Inside the European Council, we find a remarkable impetus for political consensus among national leaders. However, their detailed and ambiguous decisions at times came at the cost of political delay, legal uncertainty, and thin public scrutiny.

Summary

Faced with the deepest economic crisis in its history, the European Union established a seminal COVID-19 recovery package relying on common debt. This book analyses the European Council’s key role as a crisis manager and transformative force of the EU system. Combining thick descriptions of the history-making events of 2020-21 with EU theorising, we explain and critically assess the innovative set-up of the recovery package. Inside the European Council, we find a remarkable impetus for political consensus among national leaders. However, their detailed and ambiguous decisions at times came at the cost of political delay, legal uncertainty, and thin public scrutiny.

Product details

• Authors: Tobias Kunstein, Lucas Schramm, Wolfgang Wessels
• Publisher: Nomos
• Languages: English
• Product format: Paperback / Softback
• Released: 01.06.2022
• EAN: 9783848784370
• ISBN: 978-3-8487-8437-0
• No. of pages: 160
• Dimensions: 168 mm x 8 mm x 230 mm
• Weight: 250 g
• Series: Studies on the European Union
• Subjects: Social sciences, law, business > Political science > Political system; Nachhaltigkeit, Europarat, Sustainability, EU, Europäische Union, Coronavirus, NG-Rabatt, Corona, Europäischer Rat, Ministerrat, Council of Europe, Council of the European Union, Digital Transition, European Economy, Europäische Wirtschaft, European Council, Green Transition