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A New Governance for the European Union and the Euro: Democracy and Justice

100%
Maduro M. P.
Yearbook of Polish European Studies
|
2013
|
vol. 16
s.111-140
EN
This article provides a democratic explanation for the crisis and the EU’s failure to successfully address it so far. It argues that the solution to the crisis and the future of EU governance must start with a renewed justification of the project of Euro¬pean integration, which must be founded on its democratic and justice-enhancing potential. It criticises two mainstream models of governance for the Euro area and explains the advantages and political viability of an alternative model based on a new EU budget, new EU policies, more EU politics and a more effective and legitimate political authority. The financial solidarity necessary for any successful model of gov-ernance of the EU must be detached from transfers between states and related, instead, to the wealth generated by the process of economic integration.
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O normatywnym pojęciu stabilności finansowej na rynku finansowym Unii Europejskiej w nowej architekturze nadzorczej

75%
Fedorowicz M.
Studia Europejskie-Studies in European Affairs
|
2017
|
issue 4
73-94
EN
The main aim of this paper is to reconstruct all new legal components of the legal term „financial stability” and to underline its multilevel understanding and possible meanings of that term, which should framed the new Financial Stability Safety Net in the new supervisory architecture of the EU, where the financial stability is considered as a prerequisite of creation and market law application. The main thesis of this paper is assertion that the financial stability is multielement, multilevel and multifunctional term, which could and should be refered to both, the EU and domestic level as a whole, to financial institutions and supervisors and also to the clients of the financial market. This shows the opinion, that the legal term „financial stability” is to fulfil as a result of the balance, compromise andaccomplishment of the financial market participants legal interests.
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