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Stefan Pilz
Der Europäische Stabilitätsmechanismus
Eine neue Stufe der europäischen Integration
[The European Stability Mechanism. A New Stage in European Integration.]
2016. XV, 256 pages. Published in German.
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Summary
Through the ESM, member states seeking to strengthen the Euro have created a new form of solidarity not contractually foreseen in the EU's integration process. This raises the question how to categorise and democratically legitimise the mechanism's financial help in terms of national constitutions and EU law forms.