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German Divergence in the Construction of the European Banking Union
The End of Bilateralism in Europe? An Interest-Based Account of Franco- German Divergence in the Construction of the European Banking Union Honorable Mention, 2019 John Dunlop Thesis Prize Christina Neckermann May 2019 M-RCBG Associate Working Paper Series | No. 119 The views expressed in the M-RCBG Associate Working Paper Series are those of the author(s) and do not necessarily reflect those of the Mossavar-Rahmani Center for Business & Government or of Harvard University. The papers in this series have not undergone formal review and approval; they are presented to elicit feedback and to encourage debate on important public policy challenges. Copyright belongs to the author(s). Papers may be downloaded for personal use only. Mossavar-Rahmani Center for Business & Government Weil Hall | Harvard Kennedy School | www.hks.harvard.edu/mrcbg The End of Bilateralism in Europe?: An Interest-Based Account of Franco-German Divergence in the Construction of the European Banking Union A thesis presented by Christina Neckermann Presented to the Department of Government in partial fulfillment of the requirements for the degree with honors Harvard College March 2019 Table of Contents Chapter I: Introduction 3 Statement of question and motivation - 3 Banking Union in the era of postcrisis financial reforms - 6 Outline of content and argument - 11 Chapter II: Theoretical Approach 13 Review of related literature - 13 Proposed theoretical framework - 19 Implications in the present case - 21 Methodology - 26 Chapter III: Overview of National Banking Sectors -
Really Blocking a Banking Union? Germany’S Reluctance Towards Pan-European Banking Resolution
Name Annika Maria Petra Stahlhut University 1 University of Twente Enschede Universiteit Twente, UT UT Faculty School of Management & Governance UT Supervisor Dr. Shawn Donnelly UT Diploma MSc European Studies University 2 Westfälische Wilhelms-Universität Münster WWU Faculty Institut für Politikwissenschaft WWU Supervisor Prof. Dr. Oliver Treib WWU Diploma MA European Studies Start of Thesis March 1st, 2014 End of Thesis June 21st, 2014 MASTERTHESIS EUROPEAN STUDIES Really Blocking a Banking Union? Germany’s Reluctance Towards pan-European Banking Resolution by Annika Stahlhut (June 2014) Abstract In the recent two years the European Banking Union has been a chief project in European financial integration. Apart from European banking supervision and attempts to integrate deposit insurance on EU-level the member states have agreed to also harmonize the resolution of banks: A Single Resolution Mechanism (SRM) seeks to protect taxpayers in Europe from assuming the costs of resolution and to maintain financial stabilty in the internal market when banks are wound up. Although states have therefor charged the Commission to develop a common policy for banking resolution, Germany gains particular attention in European negotiations for objecting to the regulation establishing a single framework. Newspapers report that the German finance minister has announced to block the resolution mechanism (Schäfers, 2014, January 21), for which he is criticized sharply – even by parties on domestic level. It therefore seems as if domestic opinions on European banking resolution depart substantially wherefore the German position appears worth for an in-depth study. To this end European integration of banking resolution is embedded into the theoretical framework of liberal intergovernmentalism that provides for a liberal theory on national preference formation. -
Form 18-K/A Amendment No. 4 Annual Report
Form 18 -K/A Page 1 of 45 18 -K/A 1 d905133d18ka.htm FORM 18 -K/A Table of Contents SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 18-K/A For Foreign Governments and Political Subdivisions Thereof AMENDMENT NO. 4 to ANNUAL REPORT of KfW (Name of Registrant) Date of end of last fiscal year: December 31, 2013 SECURITIES REGISTERED (As of the close of the fiscal year)* AMOUNT AS TO WHICH REGISTRATION IS NAMES OF EXCHANGES ON TITLE OF ISSUE EFFECTIVE WHICH REGISTERED N/A N/A N/A * The registrant files annual reports on Form 18 -K on a voluntary basis. Name and address of person authorized to receive notices and communications from the Securities and Exchange Commission: KRYSTIAN CZERNIECKI Sullivan & Cromwell LLP Neue Mainzer Strasse 52 60311 Frankfurt am Main, Germany http://www.sec.gov/Archives/edgar/data/821533/000119312515132502/d905133d18k ... 23/ 04/ 2015 Form 18 -K/A Page 2 of 45 Table of Contents The undersigned registrant hereby amends its Annual Report on Form 18-K for the fiscal year ended December 31, 2013, as subsequently amended, as follows: - Exhibit (d) is hereby amended by adding the text under the caption “Presentation of Financial and Other Information ” on page 1 hereof to the “Presentation of Financial and Other Information ” section; - Exhibit (d) is hereby amended by adding the text under the caption “Exchange Rate Information” on page 1 hereof to the “Exchange Rate Information ” section; - Exhibit (d) is hereby amended by replacing the text in the “Recent Developments —The Federal Republic of Germany—Overview -
Deutscher Bundestag
Deutscher Bundestag 228. Sitzung des Deutschen Bundestages am Freitag, 7. Mai 2021 Endgültiges Ergebnis der Namentlichen Abstimmung Nr. 1 Änderungsantrag der Abgeordneten Christian Kühn (Tübingen), Daniela Wagner, Britta Haßelmann, weiterer Abgeordneter und der Fraktion BÜNDNIS 90/DIE GRÜNEN zu der zweiten Beratung des Gesetzentwurfs der Bundesregierung Drs. 19/24838, 19/26023, 19/29396 und 19/29409 Entwurf eines Gesetzes zur Mobilisierung von Bauland (Baulandmobilisierungsgesetz) Abgegebene Stimmen insgesamt: 611 Nicht abgegebene Stimmen: 98 Ja-Stimmen: 114 Nein-Stimmen: 431 Enthaltungen: 66 Ungültige: 0 Berlin, den 07.05.2021 Beginn: 12:25 Ende: 12:57 Seite: 1 Seite: 2 Seite: 2 CDU/CSU Name Ja Nein Enthaltung Ungült. Nicht abg. Dr. Michael von Abercron X Stephan Albani X Norbert Maria Altenkamp X Peter Altmaier X Philipp Amthor X Artur Auernhammer X Peter Aumer X Dorothee Bär X Thomas Bareiß X Norbert Barthle X Maik Beermann X Manfred Behrens (Börde) X Veronika Bellmann X Sybille Benning X Dr. André Berghegger X Melanie Bernstein X Christoph Bernstiel X Peter Beyer X Marc Biadacz X Steffen Bilger X Peter Bleser X Norbert Brackmann X Michael Brand (Fulda) X Dr. Reinhard Brandl X Dr. Helge Braun X Silvia Breher X Sebastian Brehm X Heike Brehmer X Ralph Brinkhaus X Dr. Carsten Brodesser X Gitta Connemann X Astrid Damerow X Alexander Dobrindt X Michael Donth X Marie-Luise Dött X Hansjörg Durz X Thomas Erndl X Dr. Dr. h. c. Bernd Fabritius X Hermann Färber X Uwe Feiler X Enak Ferlemann X Axel E. Fischer (Karlsruhe-Land) X Dr. Maria Flachsbarth X Thorsten Frei X Dr. Hans-Peter Friedrich (Hof) X Maika Friemann-Jennert X Michael Frieser X Hans-Joachim Fuchtel X Ingo Gädechens X Dr. -
Report of the Board of Supervisory Directors (PDF, 73 KB, Non
Report of the Board of Supervisory Directors Meetings of the Board of Supervisory Directors The Board of Supervisory Directors and its committees con- stantly monitored the conduct of KfW’s business activities and the management of its assets. It has taken the necessary decisions on the provision of financing and the conduct of other business in accordance with the conditions set forth in the KfW Law and Bylaws. The Board of Supervisory Directors and the Audit Committee each met three times in 2017 for this purpose; the Presidial and Nomination Committee five times, the Remuneration Committee four times and the Risk and Credit Committee seven times. Peter Altmaier, Federal Minister for Economic Affairs and Energy At the meetings, the Board of Supervisory Directors acknow ledged the information provided by the Executive Board on – KfW’s 2016 annual and consolidated financial statements, – the business activities and current developments in each of KfW’s business sectors, including KFW IPEX-Bank GmbH and DEG, – the group’s net assets, earnings position and risk situation in general, particularly sensitive areas such as the ship port- folio, as well as political risks, including any implications of the United Kingdom’s decision to leave the EU, – the significance of digitalisation for KfW and its activities to harness the arising opportunities, – banking supervisory issues relating to KfW, current consulta- tions with the banking supervisory authorities, in particular on compliance with regulatory capital requirements, audits completed and ongoing, the resulting measures, as well as potential effects of future regulatory changes, – the current status of the major projects portfolio, particularly concerning the progress in renewing the financial architecture (including the “SAPFin project”), – the modernisation and reorientation of the IT landscape, as well as improvement measures relating to payment trans- actions given the deficits identified in these areas, – business and risk strategies, the group IT strategy, and KfW’s IT strategy for 2018. -
Deutscher Bundestag
Deutscher Bundestag 171. Sitzung des Deutschen Bundestages am Freitag, 13.Mai 2016 Endgültiges Ergebnis der Namentlichen Abstimmung Nr. 1 Gesetzentwurf der Bundesregierung Entwurf eines Gesetzes zur Einstufung der Demokratischen Volksrepublik Algerien, des Königreichs Marokko und der Tunesischen Republik als sichere Herkunftsstaaten Drs. 18/8039 und 18/8311 Abgegebene Stimmen insgesamt: 572 Nicht abgegebene Stimmen: 58 Ja-Stimmen: 424 Nein-Stimmen: 145 Enthaltungen: 3 Ungültige: 0 Berlin, den 13.05.2016 Beginn: 10:05 Ende: 10:08 Seite: 1 Seite: 2 Seite: 2 CDU/CSU Name Ja Nein Enthaltung Ungült. Nicht abg. Stephan Albani X Katrin Albsteiger X Peter Altmaier X Artur Auernhammer X Dorothee Bär X Thomas Bareiß X Norbert Barthle X Günter Baumann X Maik Beermann X Manfred Behrens (Börde) X Veronika Bellmann X Sybille Benning X Dr. André Berghegger X Dr. Christoph Bergner X Ute Bertram X Peter Beyer X Steffen Bilger X Clemens Binninger X Peter Bleser X Dr. Maria Böhmer X Wolfgang Bosbach X Norbert Brackmann X Klaus Brähmig X Michael Brand X Dr. Reinhard Brandl X Helmut Brandt X Dr. Ralf Brauksiepe X Dr. Helge Braun X Heike Brehmer X Ralph Brinkhaus X Cajus Caesar X Gitta Connemann X Alexandra Dinges-Dierig X Alexander Dobrindt X Michael Donth X Thomas Dörflinger X Marie-Luise Dött X Hansjörg Durz X Iris Eberl X Jutta Eckenbach X Dr. Bernd Fabritius X Hermann Färber X Uwe Feiler X Dr. Thomas Feist X Enak Ferlemann X Ingrid Fischbach X Dirk Fischer (Hamburg) X Axel E. Fischer (Karlsruhe-Land) X Dr. Maria Flachsbarth X Klaus-Peter Flosbach X Seite: 3 CDU/CSU Name Ja Nein Enthaltung Ungült. -
Merkel Hoch Zwei
Deutschland CSU-Politikerin Aigner „Ungeklärte Verhältnisse“ sich die CSU ausgerechnet beim Agrar - ressort aus der Verantwortung. Auch für Aigner ist der Wechsel das Ergebnis kühler Kalkulation. Sie weiß, dass ihre Chancen 2013 in München weit besser sind als in Berlin. In München winkt ein Kabinettsposten und womög - L E lich weit mehr. In Berlin dagegen ist nicht G E I P S sicher, wer aus der CSU-Ministerriege sei - R E D nen Job in einer möglichen Großen Koa - / L E I lition retten würde. Sollte die Union gar H T N in der Opposition landen, müssten sich A I T S I die Berliner CSU-Spitzen um den letzten R H C attraktiven Posten balgen, den die Christ - sozialen in der Hauptstadt zu vergeben Auch die CDU fremdelte anfangs mit haben – den des Landesgruppenchefs. UNION Angela Merkel, die nur selten mit ihrem Kein Wunder, dass sich Aigner Anfang zweiten Ehemann Joachim Sauer auftritt. September für den Wechsel entschied. Für so manchen Christsozialen wäre eine Die Ministerin tourte gerade dienstlich Merkel unverheiratete Parteichefin Aigner ein durch Argentinien, als sie ihren Tross an Fall Merkel hoch zwei. Unkonventionelle einer Tankstelle halten ließ, um Seehofer Lebenswege können in der CSU gefähr - auf dem Handy anzufunken. „Horst, ich hoch zwei lich werden. Parteimitglieder erinnern mach das“, sagte sie; öffentlich wurde der sich gut, wie einst Geschichten über Theo Deal erst zwei Wochen später. Der geplante Wechsel von Waigels Beziehung zur Skifahrerin Irene Nun ist Aigner Favoritin in einem un - Ministerin Aigner nach Bayern wirft Epple oder Seehofers uneheliches Kind gewöhnlichen Machtkampf, in dem es in der CSU eine neue Frauen- lanciert wurden, um den Betroffenen zu nicht nur um politische Kompetenz, son - schaden. -
Finanzgruppe Deutscher Sparkassen- Und Giroverband
Finanzgruppe Deutscher Sparkassen- und Giroverband Statement by Georg Fahrenschon President of the German Savings Banks Association Delivered on the occasion of the “100th Anniversary of the Norwegian Savings Banks Association” on the topic of “With the future in our hands – Savings Banks in tomorrow’s economies” 26 September 2014, Oslo Check against delivery Deutscher Sparkassen- und Giroverband Charlottenstrasse 47 10117 Berlin 100th Anniversary of Norwegian Savings Banks Association Dear Mr Andenaes, Ladies and Gentlemen, I’m very pleased to be here with you to celebrate the “100th Anniversary of the Savings Banks Association in Norway”. I would like to offer the warmest congratulations on behalf of the Savings Banks Finance Group in Germany, which is made up of 417 independent local savings banks, seven Landesbank groups and our associated companies: the securities firm DekaBank, the public primary insurance groups, regional building societies (the Landesbausparkassen), Deutsche Leasing and many others. All in all, 600 institutions with around 350,000 employees who support roughly 50 million customers. 2 100th Anniversary of Norwegian Savings Banks Association The Sparebankforeningen I Norge is very active in Brussels and in the European Savings Banks Group. Your relationship with the DSGV, the German Savings Banks Association, is characterised by close cooperation in a spirit of trust: Recently, we welcomed a delegation of your Association as our guests for talks with the DSGV. In the past few years, many executive board members of Norwegian savings banks have come to see us. Some of them may be here in the audience today. Today, I have come to visit you. -
Deutscher Bundestag
Plenarprotokoll 15/34 Deutscher Bundestag Stenografischer Bericht 34. Sitzung Berlin, Mittwoch, den 19. März 2003 Inhalt: Änderung und Erweiterung der Tagesordnung 2701 A Dr. Angela Merkel CDU/CSU . 2740 C Nachträgliche Ausschussüberweisungen . 2701 D Gerhard Rübenkönig SPD . 2741 B Steffen Kampeter CDU/CSU . 2743 D Tagesordnungspunkt I: Petra Pau fraktionslos . 2746 D Zweite Beratung des von der Bundesregie- Dr. Christina Weiss, Staatsministerin BK . 2748 A rung eingebrachten Entwurfs eines Geset- Dr. Norbert Lammert CDU/CSU . 2749 C zes über die Feststellung des Bundeshaus- haltsplans für das Haushaltsjahr 2003 Günter Nooke CDU/CSU . 2750 A (Haushaltsgesetz 2003) Petra-Evelyne Merkel SPD . 2751 D (Drucksachen 15/150, 15/402) . 2702 B Jens Spahn CDU/CSU . 2753 D 13. Einzelplan 04 Namentliche Abstimmung . 2756 A Bundeskanzler und Bundeskanzleramt Ergebnis . 2756 A (Drucksachen 15/554, 15/572) . 2702 B Michael Glos CDU/CSU . 2702 C 19. a) Einzelplan 15 Franz Müntefering SPD . 2708 A Bundesministerium für Gesundheit und Soziale Sicherung Wolfgang Bosbach CDU/CSU . 2713 A (Drucksachen 15/563, 15/572) . 2758 B Franz Müntefering SPD . 2713 D Dr. Guido Westerwelle FDP . 2714 C b) Erste Beratung des von den Fraktionen der SPD und des BÜNDNISSES 90/ Otto Schily SPD . 2718 B DIE GRÜNEN eingebrachten Ent- Hans-Christian Ströbele BÜNDNIS 90/ wurfs eines Gesetzes zur Änderung der DIE GRÜNEN . 2719 A Vorschriften zum diagnoseorientierten Fallpauschalensystem für Kranken- Dr. Guido Westerwelle FDP . 2719 C häuser – Fallpauschalenänderungs- Krista Sager BÜNDNIS 90/DIE GRÜNEN 2720 C gesetz (FPÄndG) (Drucksache 15/614) . 2758 B Dr. Wolfgang Schäuble CDU/CSU . 2724 D Dr. Michael Luther CDU/CSU . 2758 D Gerhard Schröder, Bundeskanzler . -
Luuk Molthof Phd Thesis
Understanding the Role of Ideas in Policy- Making: The Case of Germany’s Domestic Policy Formation on European Monetary Affairs Lukas Hermanus Molthof Thesis submitted for the degree of PhD Department of Politics and International Relations Royal Holloway, University of London September 2016 1 Declaration of Authorship I, Lukas Hermanus Molthof, hereby declare that this thesis and the work presented in it is entirely my own. Where I have consulted the work of others, this is always clearly stated. Signed: ______________________ Date: ________________________ 2 Abstract This research aims to provide a better understanding of the role of ideas in the policy process by not only examining whether, how, and to what extent ideas inform policy outcomes but also by examining how ideas might simultaneously be used by political actors as strategic discursive resources. Traditionally, the literature has treated ideas – be it implicitly or explicitly – either as beliefs, internal to the individual and therefore without instrumental value, or as rhetorical weapons, with little independent causal influence on the policy process. In this research it is suggested that ideas exist as both cognitive and discursive constructs and that ideas simultaneously play a causal and instrumental role. Through a process tracing analysis of Germany’s policy on European monetary affairs in the period between 1988 and 2015, the research investigates how policymakers are influenced by and make use of ideas. Using five longitudinal sub-case studies, the research demonstrates how ordoliberal, (new- )Keynesian, and pro-integrationist ideas have importantly shaped the trajectory of Germany’s policy on European monetary affairs and have simultaneously been used by policymakers to advance strategic interests. -
Jahresbericht 2017 Jahresbericht 2017 Jahresbericht Herausgeber: Studienstiftung Des Deutschen Volkes E
Jahresbericht 2017 Jahresbericht 2017 Jahresbericht Herausgeber: Studienstiftung des deutschen Volkes e. V. Dr. Annette Julius (verantwortlich) Anschrift: Ahrstraße 41, 53175 Bonn Telefon: 0228 82096-0 Telefax: 0228 82096-103 E-Mail: [email protected] Internet: www.studienstiftung.de Redaktion: Cordula Avenarius, Ruwen Egri, Dr. Sibylle Kalmbach, Andigoni Samaras, Svenja Üing Gestaltung und Satz: Atelier Hauer + Dörfler GmbH Druck: Parzeller print & media GmbH & Co. KG Auflage: Mai 2018 / 65.000 Wichtigster Geldgeber ist das Bundesministerium für Bildung und Forschung. Daneben unterstützen Länder und Kommunen sowie eine Vielzahl von Stiftungen, Unternehmen und privaten Spendern die Arbeit der Studienstiftung finanziell. Alle Rechte vorbehalten. © Studienstiftung des deutschen Volkes JAHRESBERICHT 2017 Schlaglichter Alter und neuer Schirmherr: Die Studienstiftung zu Gast beim Bundespräsidenten 14 Die Zahl des Jahres: Mit 50,3 % wurden erstmals mehr Frauen als Männer in die Förderung aufgenommen 23 Abschied nach 40 Jahren: Nicholas Pritchard, Leiter der Sprachschule Southampton, blickt zurück 32 Studienstiftung gratuliert ihrem Alumnus: Chemie-Nobelpreisträger Joachim Frank im Porträt 52 Angetrieben vom Wunsch, etwas „zurückzugeben“: Spenderinnen und Spender im Porträt 99 2 INHALT Vorwort des Präsidenten 4 Einführung der Generalsekretärin 8 Das Jahr 2017 im Überblick 10 1 IM FOKUS 13 Schirmherr der Studienstiftung: der Bundespräsident 14 Spendenaufruf der Studienstiftung 16 Forum Studienstiftung: das soziale Netzwerk für alle Studienstiftler -
CALENDRIER Du 15 Au 21 Février 2016 Brussels, 12 February 2016 (Susceptible De Modifications En Cours De Semaine)
European Commission - Weekly activities CALENDRIER du 15 au 21 février 2016 Brussels, 12 February 2016 (Susceptible de modifications en cours de semaine) Déplacements et visites Lundi 15 février Foreign Affairs Council, in Brussels. Agriculture and Fisheries Council, in Brussels. President Jean-Claude Juncker receives a delegation of AEGIS Europe and EUROFER. President Jean-Claude Juncker receives Mr Dacian Cioloș, Prime Minister of Romania. President Jean-Claude Juncker receives Mr Kurt Beck, President of the Friedrich Ebert Foundation. Mr Frans Timmermans receives Mr Dacian Ciolos, Prime Minister of Romania. Mr Frans Timmermans receives Mr Gebran Bassil, Minister of Foreign Affairs of Lebanon. Mr Frans Timmermans receives Mr Augusto Santos Silva, Minister of Foreign Affairs of Portugal. Mr Frans Timmermans receives Mr Linas Linkevičius, Minister of Foreign Affairs of Lithuania. Ms Federica Mogherini chairs the Foreign Affairs Council, in Brussels. Mr Johannes Hahn also attends. Ms Federica Mogherini holds a bilateral meeting with Mr Taavi Rõivas, Prime Minister of Estonia, in Brussels. Ms Federica Mogherini hosts a working dinner with Mr Mohammad Javad Zarif, Foreign Minister of Islamic Republic of Iran. Ms Kristalina Georgieva receives Mr Dacian Cioloș, Prime Minister of Romania. Mr Andrus Ansip receives Mr Alberto Calcagno, CEO of Fastweb. Mr Andrus Ansip and Mr Carlos Moedas receive Ms Neelie Kroes, former European Commission Vice President and CEO of Startup Delta. Mr Maroš Šefčovič in Paris, France: gives a speech at the International Energy Agency; gives a lecture at Sciences Po University. Mr Maroš Šefčovič delivers a speech at the event to celebrate the North Sea Link interconnector between the UK and Norway, Norway House, in Brussels.