The Fiscal Governance Treaty - the Recent Act in the European Play

The new paradigm that affects the current doctrine is particularly focused on building a strong community and it is also motivated by the intention of saving the Lisbon Treaty with its establishing the European Constitution. In the series of the numerous leading up steps required to achieve this goal, approaches the studies on the concept of sovereignty are necessary for clarification, given that in this way only the Union can be setup as a person - on the one hand, and - on the other hand, this is the basis of ensuring coherence between European political order and sovereignty / autonomy of national institutions. Bitter experiences of radical nationalism which culminated in the disasters of the Second World War led to the conceptual reconfiguration of the sovereignty, gradually replaced with a new expression, the super nationalism. Moreover, in order to hindering the possible future recurrence and the temptation to concentrate all the available powers at certain national governments’ disposal only, a comprehensive course of division of sovereignty was designed, as an optimal strategic alternative in ensuring the durability and sustainability of the European federalist model. In terms of economic integration and trade globalization, the taxation of a state has a rapid impact on another state, so that the rapprochement of the global tax policy, as well as the need to harmonize tax systems across countries are increasingly spoken about. Although that these measures can upset all tax systems deeply changing the approaches regarding both fiscal and political states’ sovereignty, in the current situation, such an unforeseen development is inherent. Therefore, each step meant to approach the full integration of the community raises special efforts for consensus actions and strongly motivated as well, by a very special interest at the highest level of the macroeconomic and political decision.