3 chapters across the catalog
Polluter Pays Principle, Maastricht Treaty Article 5
The "polluter pays" principle and the concept of "subsidiarity" from the Maastricht Treaty are discussed in the context of international environmental law. These legal frameworks allow for centralized intervention if local governments are deemed ineffective in meeting greenhouse gas stabilization goals.
European Market Instability, Falco Parody, Maastricht Treaty
The economic crisis puts pressure on Italian and French banks while leaders ignore the original Maastricht Treaty rules regarding debt-to-GDP ratios. A YouTube parody of Falco's music serves as propaganda criticizing George Papandreou's handling of the Greek bankruptcy.
Maastricht Treaty Violations and the Euro's Original Sin
A former IMF director stated that the "original sin" of the EU was entering a currency union without a political union. Many countries, starting with Germany, flouted the Maastricht Treaty rules by running budget deficits exceeding 3% of GDP. Some analysts suggest these violations were permitted on purpose to eventually force a consolidated political and fiscal union during a crisis.
