Question marks over Van Rompuy's Protocol 12 proposal
Gaspard Sebag, Europolitics, 07.12.2011
Quote
Question marks remain over the “rapid” solution – including a ‘golden rule’ obligation and an increased role for the EU Court of Justice (see related article) – to improve budgetary discipline in the eurozone proposed by European Council President Herman Van Rompuy. Before the EU's leaders discuss at length this approach, which seeks to dodge ratification at member state level while modifying primary law, over an informal dinner on 8 December and at the European Council meeting on 9 December, Europolitics examines the feasibility of this option. […]
Janis Emmanouilidis from the EPC argues that modifying the protocol as Van Rompuy suggests should “stand”. Yet the amendment concerning the court’s involvement would fall into a “grayish” area were it is to be slightly modified, he adds. […]
For the entire article see here.
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