The choice for Euro : the treaty on stability, coordination and governance through a liberal intergovernmentalist lens

The Treaty on Stability, Coordination and Governance (TSCG) was decided on in January 2012 to reinforce the economic policies set out in previous years. This thesis provides answers to how and why the TSCG came into existence by using a liberal intergovernmentalist framework and methods of congruence and process tracing. Its findings include the importance of Germany in both the agenda-setting and bargaining phase and the importance of economic interests in the decision-making process at both the national and the international level. Furthermore, although the concept of spill-over cannot be rendered unimportant, the demand and supply of the institution is found to be in line with liberal intergovernmentalist thought.