Reformy strefy euro. Niemcy wobec propozycji Francji i Komisji Europejskiej
Reforms of the eurozone. Germany against proposals of France and the European Commission

Summary/Abstract: The object of the article is to present the stance of Germany on the issue of transformations within the euro area proposed by France and the European Commission in the period from the presidential electionin France (which ended on May 7, 2017) to the summit of the European Commission (March 22-23, 2018). The authors analyze the reaction of the representatives of the FRG government to proposals of reforms of the euro area in the above mentioned period, with a focus on the four most frequently debated issues: creation of a separate budget of the euro area or a special budget line dedicated to the euro areaas a part of the general budget of the European Union, transformation of the European Stability Mechanisminto a European Monetary Fund, the completion of a banking union, and the creation of the officeof a euro area finance minister or an EU economy and finance minister. A hypothesis was adopted that the government of the FRG in its reactions to those proposals upheld the postulates presented in previous years concerning the necessity of respecting budget discipline and introducing structural reforms in the countries of the euro area, at the same time expressing skepticism toward risk sharing across membersof the euro area through, among others, a European deposit insurance scheme. It was also assumed tha tGermany pursued the adoption of solutions which would prevent the possibility of increasing divisions between member states. The source base of the study consists of official documents of the German government and the European Commission as well as public utterances of the main political actors responsiblefor shaping the economic and financial policy at national state level and the EU level.

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