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The emerging system of re-insurance in the EU: beyond negative and positive integration

2025/05/26 by Waltraud Schelkle · 1 voice · 1 citation
Social Sciences · #EU Law and Policy Analysis #European Union Policy and Governance #European and International Law Studies

paper · doi:10.1080/13501763.2025.2508778

openalex publication_date 2025/05/26 · openalex created_date 2025/10/10 · openalex updated_date 2026/06/14

Abstract

Over the years of repeated crises, a system of re-insurance for EU member states has evolved, providing a secondary safety net when disaster strikes. This is an alternative to fiscal centralisation. Re-insurance of member states qualifies the asymmetry hypothesis: positive and negative integration is not a complete distinction. The blockage that according to the asymmetry theorem favours negative integration here becomes a driver of positive integration when facing the threat of financial panic. Market pre-empting integration means that policy-makers, aware of their differences, agree on mutual protection that preserves their differences.

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