Abstract
The European Union’s new architecture of fiscal and economic governance can be difficult to understand. How do two legislative packages, a treaty, a strategy and a “European Semester” interact to shape member state policies? This paper argues, on the basis of a review and presentation of the new fiscal governance architecture, that what we see is a hardening of European soft law. The new European Union fiscal governance involves both tougher and more automatic sanctions for states that violate the Stability and Growth Pact, and an expansion of mechanisms of surveillance and Commission involvement in member state economic and fiscal planning. The result is planned to combine the information and constant surveillance of soft law with the judicial enforceability and tough sanctions of hard law.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
