Germany and EU Reforms

331
DOI: 10.20542/0131-2227-2014-11-27-34

A. Kokeev, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO RAN), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (alkokeev@gmail.com).

Abstract. Germany is playing a key role in the resolution of the EU crisis. Berlin has not only proposed changes in the economic and finance spheres, but also the initiation of the political reform of the EU. However, for several reasons, starting from the middle of 2013 there has been a serious shift in emphasis from the creation of a political union to the construction of an EU banking union. Angela Merkel’s victory in German elections increased the country’s European political activity, and Berlin announced new initiatives which involved amendments to fundamental EU agreements. At the same time, German European policy aims to strengthen the position of nation states in the future European integration, and slightly reduce the role of the European Commission. Here one can see a certain level of convergence between the German and British positions. However, as Angela Merkel’s visit to London in February 2014 demonstrated, the interests of the two countries in the EU are hardly compatible. To other EU countries, Germany’s leadership in the EU seems to favor German interests at the expense of other partners. The questions whether EU countries will still follow Germany’s European political direction and whether they are able to implement the necessary reforms in their own countries as well as in the EU remain open and foster Euroscepticism.

Keywords: Germany, EU, European integration, political union, banking union, European Commission, France, Great Britain


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For citation:
Kokeev A. Germany and EU Reforms. World Eonomy and International Relations, 2014, no. 11, pp. 27-34. https://doi.org/10.20542/0131-2227-2014-11-27-34



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