Is there a structural or a political fault in the fiscal governance of the EU?

Thesis (M.A.) from the year 2012 in the subject Politics - Topic: European Union, grade: Merit, London School of Economics (European Institute), course: Politics and Government in the EU, language: English, abstract: The non-compliance to the Stability and Growth Pact in the early 2000’s was a direct challenge to the co-operative virtue of EU fiscal governance, and the fact that its occurrence pla...