with regard to the role of external control of fiscal policy decisions by national parliaments or decisions regarding the operational structure of instruments like the EFSF and the ESM. Of course, all these problems are part of the age-old question of how to combine relatively short-term election cycles with the need to ensure sustainable long-term economic growth.
One traditional way of dealing with this problem is, for instance, requiring a two-third majority for certain decisions. In the EU, this is the case by including certain provisions in the EU Treaty that are extremely difficult to change.