Beyond the Euro Crisis: European constitutional dilemmas and Treaty amendments

Author (Person) ,
Publisher
Series Title
Series Details No.154, May 2014
Publication Date 14/05/2014
ISBN 978-951-769-415-5
ISSN 1795-8059
Content Type

Abstract:

The actual need for Treaty amendments is open to interpretation, for example in relation to the inclusion of the recent euro crisis-related international agreements in EU law. These questions are partly political in nature, and linked to the wider legitimacy of the EU and the integrity and clarity of its legal system.

The full realization of the Commission’s vision for the future of the EMU would require Treaty changes in order to revise the nature of competence in the area of economic policy and the general framework of cooperation.

The recent discussion on the euro crisis measures has demonstrated that many member states have constitutional ‘red lines’ relating, for example, to the exercise of budgetary powers or sovereignty. It seems unlikely that these hurdles will be overcome in the short term.

Source Link https://www.fiia.fi/en/publication/beyond-the-euro-crisis
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Record URL https://www.europeansources.info/record/?p=478570