The European Commission has alternatively been portrayed as an all-powerful institution controlling far too many resources versus a bureaucracy that operates at the behest of Member States. In recent years the EU has been beset by major challenges coming from the inside (the entry into force of the Lisbon Treaty) and the outside (the global financial crisis). How has the Commission responded to these events? Has the Commission changed substantially in terms of its institutional structure or the functions it performs? To what extent was the Commission actively promoting such changes versus...

The global financial crisis and sovereign debt crisis exposed the inadequacy of European economic governance. Despite the multitude of new mechanisms and institutions that have arisen over the last few years, many contend that economic governance remains inadequate and the EU must integrate even further to calm still-volatile markets. A tension exists between creating effective instruments that will not overstep the authority delegated to an EU that has integrated economically but not politically. Can the EU's economic governance system satisfy the demands of markets and politics? Relevant...