Bulletin of the Institute for Western Affairs, ed. 28 (448):Next Generation EU: Germany’scontributiontotransformingthe European Union

Bulletin of the Institute for Western Affairs, ed. 28 (448)/2020: Justyna Schulz, „Next Generation EU: Germany’s contribution to transforming the European Union ”

It is almost cliché to say that the European Union has been born and integrated as a result of crises. Renewed evidence for this view came out of the current process of developing the Next Generation EU instrument. Initially on the defensive, the European Commission substantially strengthened its standing amidst the architecture of EU institutions as it was granted prerogatives previously reserved for the Member States such as capital market powers and the option to levy taxes and use them to generate own resources. Such instruments empower the Commission to define the economic policies of the Member States.