Germany’s Constitutional Court Accelerates the Euro Zone’s Slide toward Crisis

Outside of Germany’s Constitutional Court headquarters in Karlsruhe, Germany, in 2016. (Ralph Orlowski/Reuters)
The existential questions that the European Project’s stakeholders have spent decades avoiding can’t be ignored much longer.

NRPLUS MEMBER ARTICLE O ne of the reasons that the euro zone has survived for as long as it has is the impressive ability of its leaders to postpone dealing with a series of questions that are as fundamental as they are inconvenient. Is it possible to sustain a monetary union without a fiscal union? (Probably not.) Is it possible to establish a fiscal union without genuine democratic consent? (We may yet find out.) And suddenly pressing: What is the relationship between the EU’s law and Germany’s?

For half a century the conflict hinted at by this last question could mostly be treated as theoretical.

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