Publication

This paper evaluates the European Council summit of 22-23 November 2012. Seen as the first major test of the political will to set the new EU funding period 2014-2020, this summit showed that the discussion is dominated by an agenda concerned with the sovereign debt crisis in the Eurozone. According to the author, this mirrors the asymmetry of priorities among EU members: for the EU15 the crisis is the top priority, while new EU members have high expectations concerning large financial transfers from the next EU multiannual budget.