Παρουσίαση/Προβολή

(LAW723) -  Manolis Perakis

Περιγραφή Μαθήματος

The course highlights the main features of the legal and institutional framework for the European Union’s Economic and Monetary Union (EMU). The EMU is designed to create the foundation for sustainable long-term economic growth by providing macroeconomic stability, while, at the same time, constituting a natural complement to EU’s Single Market. It involves close co-ordination of economic and fiscal policies and, for those countries fulfilling certain conditions, a single monetary policy and a single currency – the euro. Despite its initially accepted legal architecture, the recent economic crisis has revealed the EMU’s original legal flaws, such as the separation of the economic and the monetary policy, the peculiarities of the EU’s competence in each policy field, and the lack of mechanisms able to respond to such crises and provide assistance to member states. Against this background, the EMU has evolved through the adoption of urgent EU legislation and the conclusion of international treaties that need to be understood and scrutinized in order to draw a realistic and stable future of the EU’s economy.

Ημερομηνία δημιουργίας

Τρίτη 24 Νοεμβρίου 2020