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E uropean Economic Governance and Parliamentary Representation. What Place for the E uropean Parliament?
Author(s) -
Fasone Cristina
Publication year - 2014
Publication title -
european law journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.351
H-Index - 54
eISSN - 1468-0386
pISSN - 1351-5993
DOI - 10.1111/eulj.12069
Subject(s) - parliament , representation (politics) , corporate governance , position (finance) , economic governance , institution , political science , law and economics , public administration , business , economics , law , management , finance , politics
Abstract This article aims to analyse the E uropean Parliament's ( EP ) position in the reform of the E uropean economic governance, in particular after the adoption of the ‘six‐pack,’ the ‘two‐pack’ and the ‘fiscal compact.’ References are made to the involvement of the EP in the decision‐making process that led to the adoption of the new measures as well as to the substantive role assigned to this institution in the new regulatory framework. The article argues that the new provisions, which undermine the budgetary authority of national parliaments while, at the same time, designing a limited role for the EP —though strengthened compared to the previous version of the S tability and G rowth P act—can jeopardise the effectiveness of the landmark principle of ‘no taxation without parliamentary representation’ in the EU .