Die Vereinbarkeit der Unionsmethode mit dem Europäischen Demokratieprinzip

Since the outbreak of the European sovereign debt crisis, numerous financial instruments have been introduced to tackle it. Solutions outside the supranational legal framework of the European Union have been sought, such as the European Stability Mechanism, the Fiscal Compact and the Single Resolution Fund. This work examines whether this approach, known as the 'Union method', is compatible with the European principle of democracy under Article 10 TEU.
Based on the theories of democracy represented in legal scholarship, it examines the parameters that a standard for democracy at Union level must include. The author works as an attorney at law specialising in banking and capital market law.