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