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Nicht nur die Geräuschkulisse des Brexits absorbierte ein Stück weit die Aufmerksamkeit für das Urteil des Europäischen Gerichtshofs (EuGH) zur Zulässigkeit des Anleihenkaufprogramms der EZB. Denn immerhin entschied Luxemburg damit über eine der nach wie vor seltenen Vorlagen aus Karlsruhe. Dazu mag auch beigetragen haben, dass seit der Stellungnahme des Generalanwalts Wathelet nicht mehr damit gerechnet wurde, dass der EuGH der Europäischen Zentralbank (EZB) einen sprichwörtlichen Strich durch die Rechnung machen würde. Dennoch ist das Urteil aus einigen Gründen bemerkenswert.
When Christine Lagarde announced her first, moderate rescue package, she called upon member states to provide fiscal aid. But the markets showed to have lost confidence in fiscal policy. In the absence of strong monetary policy signals, the slide continued until Lagarde in her second attempt opened the floodgates.
Christine Lagarde verband die Ankündigung ihres ersten, moderaten Rettungspakets mit der Aufforderung an die Mitgliedstaaten, fiskalische Hilfen bereitzustellen. Die Märkte scheinen sich das Vertrauen in die Fiskalpolitik indessen abgewöhnt zu haben. Da starke geldpolitische Signale zunächst ausblieben, ging die Talfahrt weiter, bis Lagarde im zweiten Versuch in die Fußstapfen ihres Vorgängers trat und die Schleusen öffnete.
Governments, economists and intellectuals have called for common European bonds or increased own EU funds to address the recession induced by Covid19. Unfortunately, the German government, joined by the other members of the “Frugal Four” (Austria, Finland, the Netherlands), has categorically rejected to look into any such measures and favours using the ESM. This reaction created a déjà vu experience for citizens and governments of the heavily affected southern Member States of the EU. The proposal to use the ESM raises fears of another wave of austerity amounting to yet another lost decade for economic, social, and ecological development in Europe.
Warum das Stichwort Corona Bonds so viele falsche Assoziationen weckt, und wie sie beschaffen sein müssten, damit auch Deutschland damit gut klarkommt: Vor der morgigen Sitzung der Eurogruppe spricht Max Steinbeis mit MATTHIAS GOLDMANN über seinen Vorschlag und die damit verknüpften Chancen und Risiken.
The recovery plan of the Commission entitled "Next Generation EU" proposes a compromise that goes beyond the ominous lowest common denominator. With a package of EUR 750bn in total, comprising EUR 250bn in loans and the rest in grants, the Commission paves the way for both forward-looking public finance and constitutional innovation. The proposals are masterpieces of high-tech legal engineering. Again, European constitutional law evolves through crisis. Yet, again, it stands to reason how far the proposed instruments will shift the European Union towards enhancing solidarity and democracy.
On October 7th, general elections were held in Bosnia and Herzegovina. Its Constitution was meant to be an interim solution, setting up a complex structure of division of power between the three major ethnic groups leading to political paralysis. Constitutional reform is thus a pressing issue but the recent elections appear to reinforce the deadlock situation instead of paving the way for much needed change.
When I first wrote about linguistic self-defense (discussed in Liav Orgad’s book pp. 198-200) I had a conception of languages in danger, The most visible potential victim were the French in Quebec. But with the help of Charles de Gaulle, the Quebecois have held on well to their culture (majority at home, minority at large, but supported by a large nation in Europe). One form of linguistic self-defense I proposed at the time was insisting on speaking your language in commercial transactions. For the sake of profit, store keepers would play along. Also, public advertising is a critical mode of making a language seem like the background state of normalcy. The key case in Quebec, as I recall, was called Chaussures Brown Shoes. That was the way they wanted their sign to read. The Anglophones objected and lost.
Staatliches Hacking von Computern und Smartphones hat Konjunktur. Durch das Gesetz zur effektiveren und praxistauglicheren Ausgestaltung des Strafverfahrens vom 17. August 2017 (BGBl. I S. 3202) wurden Online-Durchsuchung und Quellen-TKÜ mittels "Staatstrojanern" zu Standardmaßnahmen im strafrechtlichen Ermittlungsverfahren. Die StPO erlaubt seither den Einsatz von Staatstrojanern in mehreren zehntausend Fällen im Jahr: Sie sind nun immer dann zulässig, wenn bisher eine klassische Telekommunikationsüberwachung gem. § 100a Abs. 1 StPO unter Einbindung der jeweiligen Provider (vgl. § 100b StPO a.F.) vorgenommen wurde.
Der Entwurf der Bundesregierung zur Änderung des Staatsangehörigkeitsgesetzes sieht die Ausbürgerung von Deutschen vor, die sich an Kampfhandlungen einer Terrormiliz im Ausland konkret beteiligen. Dies gilt freilich nur für Mehrstaater und bringt damit einen fundamentalen Paradigmenwechsel zum Ausdruck: die Staatsangehörigkeit verliert ihre grundlegende staatsrechtliche Funktion, die darin besteht, Menschen als gleiche Staatsbürger des politisch verfassten Gemeinwesens zu verstehen. So wichtig es ist, dass die Bundesrepublik Deutschland Terrorismus effektiv bekämpft, so wenig darf sie dabei einen Unterschied nach der Staatsangehörigkeit machen.
Auf den ersten Blick wirkt der Gesetzentwurf der Bundesregierung zum Verlust der Staatsangehörigkeit für Terror-Kämpfer im Ausland als hilfloser Umgang mit Personen, die ein militärisches Gewaltpotential an den Tag gelegt haben. Auf den zweiten Blick offenbart er aber eine Abkehr von der Essenz moderner Staatsangehörigkeit. Sie besteht in der fundamentalen Gleichheit der Staatsbürger, die durch diesen Status formalisiert wird.
Der jüngste Vorschlag von Bundessozialminister Hubertus Heil zur "neuen Grundrente" wurde gemeinhin als parteipolitisch motivierter Vorschlag kurz vor den Europaparlamentswahlen wahrgenommen. Tatsächlich ist die Diskussion aber viel älter und auch parteipolitisch gar nicht eindeutig zuzuordnen. Jetzt, da die Reformvorschläge konkreter werden, droht die notwendige politische Debatte über die Ausgestaltung einer Grundrente mit fragwürdigen verfassungsrechtlichen Argumenten im Keim erstickt zu werden.
The pointed commentary published on Verfassungsblog over the last week—coming from different perspectives and informed from different experiences—shows the potential of such debates. In the case of Greece, they are an important addition to a discourse focusing too much on austerity or debt sustainability.
The illiberal turn in Europe has many facets. Of particular concern are Member States in which ruling majorities uproot the independence of the judiciary. For reasons well described in the Verfassungsblog, the current focus is on Poland. Since the Polish development is emblematic for a broader trend, more is at stake than the rule of law in that Member State alone (as if that were not enough). If the Polish emblematic development is not resisted, illiberal democracies might start co-defining the European constitutional order, in particular, its rule of law-value in Article 2 TEU. Accordingly, the conventional liberal self-understanding of Europe could easily erode, with tremendous implications.
The Polish government is stepping up its repression. The freedom of political speech is a main target. A national judge has not just the right but an outright duty to refer a case to the CJEU whenever the common value basis is in danger. Thus, a Polish judge faced with a case concerning the silencing of critics, must refer the matter to the CJEU and request an interpretation of Article 2 TEU in light of the rights at stake.
Do current levels of bank capital in Europe suffice to support a swift recovery from the COVID-19 crisis? Recent research shows that a well-capitalized banking sector is a major factor driving the speed and breadth of recoveries from economic downturns. In particular, loan supply is negatively affected by low levels of capital. We estimate a capital shortfall in European banks of up to 600 billion euro in a severe scenario, and around 143 billion euro in a moderate scenario. We propose a precautionary recapitalization on the European level that puts the European Stability Mechanism (ESM) center stage. This proposal would cut through the sovereign-bank nexus, safeguard financial stability, and position the Eurozone for a quick recovery from the pandemic.
Does the Polish development concern us — the European citizens and the European institutions we have set up? There is a functional and a normative argument to state that it does. The normative argument is that the European Union organizes a community of states that profess allegiance to a set of fundamental values—among others, democracy, the rule of law, and human rights. The functional reason is that the European legal space presupposes mutual trust. European law operates on the presumption that all institutions are law-abiding. Otherwise, the legal edifice crumbles.