Ambivalent German narration towards economic problems of eurozone in the light of constructivist approach
Ambivalent German narration towards economic problems of eurozone in the light of constructivist approach

Summary/Abstract: The European financial and economic crisis made Germany a leader trying to introduce the principles of order to the Economic and Monetary Union in line with the ideas of German governancepolicy (Ordnungspolitik), which is explained by ordoliberalism. However, there is strong relativismvisible in constructing European reality, resulting from the fact that the adopted ordoliberal assumptions do not fit into the macroeconomic, diversified space of the eurozone, and, what is more,cannot be implemented during the recession, because their effectiveness is determined by thelong-term perspective and national identity. Moreover, the role of the leader does not comply withthe principles of Ordnungspolitik. On the other hand, the partnership with France, which is necessaryto maintain stability of the eurozone, causes a move away from the conceptual assumptions ofordoliberalism. The aim of the article is to draw attention to Germany’s ambivalence in solving theeconomic problems of EMU, as well as to show ambivalent attitude of other Member States towardsGermany.

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