Is the EU becoming more like the UN? Paradoxes around EU institutional developments in 2011 and risks for future integration

This chapter gives a chronological description of the new instruments developed in response to the crisis. In an initial section, we refer to management of the public debt crisis, beginning with the crisis in Greece between 2009 and 2011, which marked the real start of institutional change. In our second section, we examine the development of the concept of ‘economic governance’. The third part of this chapter looks at the texts currently being negotiated.In our fourth and final section we turn to future prospects for European integration.