In this book, legal scholars from the EU Member States (with the
addition of the UK) analyse the development of the EU Member States'
attitudes to economic, fiscal, and monetary integration since the Treaty
of Maastricht.
The Eurozone crisis corroborated the warnings of economists that weak
economic policy coordination and loose fiscal oversight would be
insufficient to stabilise the monetary union. The country studies in
this book investigate the legal, and in particular the constitutional,
pre-conditions for deeper fiscal and monetary integration that
influenced the past and might impact on the future positions in the
(now) 27 EU Member States.
The individual country studies address the following issues:
- Main characteristics of the national constitutional system, and
constitutional culture;
- Constitutional foundations of Economic and Monetary Union (EMU)
membership and related instruments;
- Constitutional obstacles to EMU integration;
- Constitutional rules and/or practice on implementing EMU-related law;
and
- The resulting relationship between EMU-related law and national law
Offering a comprehensive and detailed assessment of the legal and
constitutional developments concerning the Economic and Monetary Union
since the Treaty of Maastricht, this book provides not only a study of
legal EMU-related measures and reforms at the EU level, but most
importantly sheds light on their perception in the EU Member States
