Abstract

SOARES, António Goucha. EU institutions in the aftermath of Lisbon, and the Crisis: Squaring the circle. Relações Internacionais [online]. 2014, n.41, pp.11-25. ISSN 1645-9199.

The Lisbon Treaty settled a new balance of power within the EU political process, through the so-called institutional reform. However, the Lisbon balance of power was changed by the Euro crisis, which saw the strengthening of member states’ influence within the Union. The greater role taken by the European Council on crisis management went along with a new balance of power between member states, with Germany acting as a hegemonic power, and a group of countries taking political benefits from the crisis. The article also focuses on how the Euro crisis impacted on the role of the Commission and how the institution interacted with the new balance of powers.

Keywords : European Union; institutions; Euro crisis; balance of powers.

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