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The Euro Area Crisis in Constitutional Perspective

Author: Alicia Hinarejos Parga

Publisher: Oxford Studies in European Law

Published: 2015

Total Pages: 241

ISBN-13: 0198714955

The euro area sovereign debt crisis has been the greatest threat to the euro since its inception, but the consequences of the crisis go well beyond the realm of macroeconomics: the crisis has cast doubt on the viability of a mechanism of integration such as the one envisaged in Economic and Monetary Union (EMU), and on the future of the European Union as a political project in the face of citizens' growing disaffection. The various responses to the crisis have not only altered the principles underlying EMU; they have also had a profound impact on the constitutional orders of the EU and its Member States. This book focuses on the euro area crisis and its aftermath from a constitutional perspective. It provides a critical analysis of the workings and evolution of Economic and Monetary Union, the changes brought by the crisis and their broader effects, and the constitutional obstacles to integration in this area. Looking forward, it tackles the uncertain future of economic and fiscal integration and the challenges posed. This is a compelling and incisive account of some of the most significant developments and dilemmas facing the European Union since its creation.

The Eurozone Crisis

Author: Kaarlo Tuori

Publisher: Cambridge University Press

Published: 2014-01-09

Total Pages: 301

ISBN-13: 1107056551

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Comprehensive overview of the Eurozone crisis from a multidimensional constitutional perspective which incorporates the underlying economic assumptions and developments.

The Euro Crisis and Constitutional Pluralism

Author: Tomi Tuominen

Publisher: Edward Elgar Publishing

Published: 2021-06-25

Total Pages: 272

ISBN-13: 1800371594

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This insightful book assesses the theory of constitutional pluralism in light of the events of the Eurozone crisis of the past decade. Based on an analysis of how national courts reviewed the crisis response mechanisms and participated in the European-level political process, Tomi Tuominen argues that constitutional pluralism is not a valid normative theory of European constitutionalism.

Constitutional Change through Euro-Crisis Law

Author: Thomas Beukers

Publisher: Cambridge University Press

Published: 2017-07-06

Total Pages: 356

ISBN-13: 1107184495

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A multilevel and comparative constitutional analysis of the impact of Euro-crisis law on the EU Constitution and its Member States.

The Politics of Crisis in Europe

Author: Mai'a K. Davis Cross

Publisher: Cambridge University Press

Published: 2017-03-02

Total Pages: 259

ISBN-13: 1107147832

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An analysis of the repeated existential crises affecting the resilience of the European Union in the twenty-first century.

The Currency of Solidarity

Author: Vestert Borger

Publisher: Cambridge University Press

Published: 2020-10-08

Total Pages: 439

ISBN-13: 1108877451

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In their fight against the debt crisis, the European Union and its member states took measures that have profoundly changed the euro. It now differs fundamentally from when it was introduced by the Treaty of Maastricht. Surprisingly, this change has come about with hardly any formal amendment to the Union's 'basic constitutional charter', the Treaties. How, then, to understand it? This book argues that the constitution of the EU has transformed, which occurs when constitutions change without amendment. The transformation is characterized by a broadening of the currency union's stability conception from price stability to also financial stability. Using solidarity as a lens, the book conceptualises the unity of the member states and analyses how this was preserved during the crisis. Subsequently, it explains how that changed the currency union's set-up and why the European Court of Justice could not turn against the change in Pringle and Gauweiler.

Polity and Crisis

Author: Massimo Fichera

Publisher: Routledge

Published: 2016-04-22

Total Pages: 315

ISBN-13: 131707842X

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European integration is an open-ended, ongoing process which has been deeply challenged by integral world capitalism. This study explores the present EU foundational dilemma, looking at the problematic relationship between the ideal model of integration and the reality of the 21st century. Including contributions from leading theorists, this volume explores the ways and extent to which the present European crisis could create a politico-legal space for new possibilities and opportunities for action. The authors discuss the current role of the EU, and whether it aspires to be a democratic polity or a functional organization based on inter-governmental bargaining. The chapters question whether the future of European integration after the crisis will be paved by decisions which conflict with its Treaty basis, and how it might come up with alternatives which would do more than echo the compulsions of the global market. Issues are analysed from a historical perspective to see what can be learnt from its past and to explore the options for the future. With contributions from prominent international legal and political scholars, the book will be of interest to academics, students and policy-makers working in these areas.

The Politics of the Eurozone Crisis in Southern Europe

Author: Leonardo Morlino

Publisher: Springer Nature

Published: 2019-11-18

Total Pages: 221

ISBN-13: 3030244717

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This book provides an in-depth account of the politics of the Eurozone crisis in Italy, Spain, Greece, Portugal, Cyprus and Malta, mapping the positions expressed by the governments of Southern EU countries during the Eurozone crisis negotiations, including Greece’s bailout deal, the so-called “Six Pack” and the “Fiscal Compact” and exploring the process of domestic preference formation. The book relies on original data resulting from fieldwork conducted in the context of the EU Commission- funded Horizon 2020 project “The Choice for Europe since Maastricht”.

National Parliaments after the Lisbon Treaty and the Euro Crisis

Author: Jancic Davor

Publisher: Oxford University Press

Published: 2017-04-05

Total Pages: 264

ISBN-13: 0192509349

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A critical assessment by eminent legal and political science experts in the field, this book examines the two key factors which have deeply affected the position of national parliaments in European integrations: the entry into force of the Lisbon Treaty and the sovereign debt crisis in the Eurozone. Structured in three parts, the book will address the question, 'Do national parliaments exhibit resilience or resignation in these changed politico-legal and socio-economic circumstances in the EU?' Part I investigates the impact of the aforementioned factors against the theoretical concepts of constitutionalism and democratic legitimacy. Part II evaluates the changing nature of parliamentary functions, and Part III appraises the evolving relationships between national parliaments and national governments, national courts, and EU institutions, in addition to surveying the emerging patterns of interparliamentary cooperation. This interdisciplinary collection yields novel insights into how the deepening of the Economic and Monetary Union and the pursuance of new initiatives for parliamentary action impact the shape and nature of EU democracy.

European Integration in Times of Crisis

Author: Demosthenes Ioannou

Publisher: Routledge

Published: 2017-10-02

Total Pages: 180

ISBN-13: 1317388518

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Few events over the past few decades have given rise to an amount of debate and speculation concerning the state of the European Union (EU) and the future of European integration as the economic and financial crisis that began in 2007. In spite of substantial media, policy-making and academic attention, the fundamental questions of why and how the euro area (EA) has remained not only intact but also expanded and integrated further during the crisis require deeper theoretical investigation. One needs to understand not only the economics but also the politics and institutions of the crisis. A lack of such an understanding is the reason why a number of observers, at least initially, had a hard time making sense of policy-makers’ decisions (and pace thereof), including why the EA did not implode as some predicted. Economic theories provide a certain perspective for why the crisis occurred and what economic policies were and are needed to resolve it; however, they fail to capture the deeper roots and management of the crisis. In order to improve our understanding of a discussion that has oscillated between fears of EA disintegration on the one hand and the concrete advancement of integration during the crisis on the other, this special collection brings together leading scholars of European integration who apply key theoretical approaches – from liberal intergovernmentalism and neofunctionalism to other prominent theoretical accounts that have been applied to European integration such as historical institutionalism, critical political economy, normative theory, and a public opinion approach – to the economic and financial crisis. The contributions seek to analyse, understand and/or explain the events that occurred and the (re)actions to them in order to draw conclusions concerning the applicability and usefulness of their respective theoretical perspectives. This book was published as a special issue of the Journal of European Public Policy.