Zustimmungserfordernis beim Europäischen Stabilitätsmechanismus

The European Stability Mechanism (ESM) is one of the key measures for overcoming the so-called Eurozone crisis and raises fundamental issues for European and constitutional law. Lena Ketterer places the development of the mechanism in the context of the European Union's bailout policy of the years 2010 to 2014 and analyzes the necessary change to the European treaties as well as the international ESM treaty with regard to the legal reservations of the »Europe article« written into the Basic Law for the Federal Republic of Germany (Art. 23 Para. 1 GG). Did the change to the European Union treaties and the international ESM treaty require a constitution-changing approval act with a two-thirds majority in both houses of the German parliament? In her discussion of this issue, Ketterer redefines the scope of the Europe article.