TY - JOUR
T1 - German politics and intergovernmental negotiations on the eurozone budget
AU - Donnelly, Shawn
N1 - Funding Information:
At the European level, the Franco-German announcement preceded Commission proposals, but was intended to be incorporated into them in combination with the Multiannual Financial Framework. In Council, the Frugal Four (the Netherlands and Austria, with support from Denmark and Sweden) supported the continued use of the ESM for emergencies and opposed grants and collective borrowing. They squared off against Germany, France and the other member states until the last hours of the 17–18 July summit, which they forced to extend to 21 July (Rose ? Nienaber, 2020). During this time, the Four rejected grants outright until Sweden dropped its opposition on 20 July, followed by Denmark and Austria, leaving the Netherlands isolated. It achieved fewer grants and more loans with (undefined) conditions, and underlined the one-time nature of the measure. In the Netherlands’ domestic justification of its eventual support for economic assistance, these elements of productivity enhancement and conditionality played significant parts of the government’s reasoning that everything had been done to avert wasting money, laying the groundwork for a future crisis and prevent making future transfers permanent. The plan would be a one-off measure (Tweede Kamer, 2020).
Publisher Copyright:
© 2021 by the author; licensee Cogitatio (Lisbon, Portugal).
PY - 2021/5/27
Y1 - 2021/5/27
N2 - This article examines selected political party positions on a Eurozone budget and fiscal transfers between 2018 and 2021. It posits that German government positions on common European debt and fiscal policy have undergone a significant but fragile shift. It must contend with continued domestic hostility before it can be said to be a lasting realignment. A great deal with depend less on the Social Democratic Party that is largely responsible for bringing it about with the support of German Greens, and more on the willingness of the Christian Democratic Union, their Bavarian sister party the Christian Social Union and the German voting public to adopt a more interventionist fiscal policy as well, generating shared commit- ments to economic policy at home and in Europe. That has not happened yet.
AB - This article examines selected political party positions on a Eurozone budget and fiscal transfers between 2018 and 2021. It posits that German government positions on common European debt and fiscal policy have undergone a significant but fragile shift. It must contend with continued domestic hostility before it can be said to be a lasting realignment. A great deal with depend less on the Social Democratic Party that is largely responsible for bringing it about with the support of German Greens, and more on the willingness of the Christian Democratic Union, their Bavarian sister party the Christian Social Union and the German voting public to adopt a more interventionist fiscal policy as well, generating shared commit- ments to economic policy at home and in Europe. That has not happened yet.
KW - UT-Gold-D
U2 - 10.17645/pag.v9i2.3928
DO - 10.17645/pag.v9i2.3928
M3 - Article
SN - 2183-2463
VL - 9
SP - 230
EP - 240
JO - Politics and Governance
JF - Politics and Governance
IS - 2
ER -
