In 0ctober 2004, in Germany a pre-operating study was started in order to prove the feasibility and consequences of the use of personal budgets by persons who are in need of nursing care. About 1.000 care dependent persons living in seven regions are included in this triannual study. For three...

The article shows the different forms of the legal relation in the welfare state in a three level system. The system change in the social economy from a corporate system to a competitive system occurs centrally by two instruments: First by personalized budgets respectively cash value vouchers...

The financial and guarantee aids within the European Financial Stabilisation Mechanism suspend the Stability and Growth Pact as the basis of the European Economic and Monetary Union. The actual ‘suspension’ from the ‘no bail-out’ restriction (Art. 125 TFEU) and the prohibition of funding...

The deficits of public-sector budgets as a result of spending(commitment)s occasioned by the salvaging of banks and the promotion of economic activity as well as by ensuring the functioning ability of crisis-ridden public welfare systems are threatening the solvency of various Member States of...

Die Europäische Kommission hat eine Initiative für eine Europäische Arbeitslosenversicherung gestartet. Hintergrund des Diskussionsbeitrags sind die gerade in der Eurokrise sichtbar gewordenen konjunkturellen Ungleichgewichte zwischen den Krisenstaaten und der Kernzone. Dirk Meyer,...

This research focuses on the question of to what extent Eurobonds are feasible and which problems may arise in the political, economic and juridical areas. The contribution shows possible forms of the arrangement and discusses a justification from the regulatory point of view. It also examines...

The concept of optimum currency areas as well as historical examples of failed monetary unions make the success of the EURO-area doubtful. Currently the deficits of public-sector budgets as a result of spending(commitment)s caused by the salvaging of banks and the promotion of economic activity...