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Presenting a sweeping analysis of the legal foundations, institutions, and substantive legal issues in EU monetary integration, The EU Law of Economic and Monetary Union serves as an authoritative reference on the legal framework of European economic and monetary union.The book opens by setting out the broader contexts for the European project - historical, economic, political, and regarding the international framework. It goes on to examine the constitutional architecture of EMU; the main institutions and their legal powers; the core legal provisions of monetary and economic union; and the relationship of EMU with EU financial market and banking regulation. The concluding section analyses the current EMU crisis and the main avenues of future reform.
Fabian Amtenbrink is Vice Dean and Professor of European Union Law at the Erasmus School of Law, Erasmus University Rotterdam.Christoph Herrmann is Professor at the University of Passau and Academic Director of the Certificate of European, Comparative and International Law (CECIL) at Passau.
1: Fabian Amtenbrink and Christoph Herrmann: IntroductionPart I Interdisciplinary Foundations2: Emmanuel Mourlon-Druol: History of an Uncomplete EMU3: Donato Masciandaro and Davide Romelli: Economics of European Monetary Integration4: Erik Jones: Politics of European Monetary IntegrationPart II International Legal Framework5: Ramses Wessel and Shawn Donnelly: The International Dimension of the EMU: the Interplay Between the Global Financial Stability Architecture and the European Union6: Marise Cremona and Paivi Leino-Sandberg: External Relations of the EU and Eurogroup7: Marise Cremona and Paivi Leino-Sandberg: International Agreements of the EU/Euro AreaPart III Constitutional Foundations8: Cornelia Manger-Nestler: The Architecture of EMU9: Dariusz Adamski: Objective and Principles10: Charles Proctor: Substantive Legal Obligations for Euro area Member States11: Bruno de Witte: EMU as Constitutional Law12: Francesco Martucci: Non-EU Legal Instruments13: Francesco Costamagna: EMU and the EU Social DimensionPart IV Institutions and Bodies14: Michael Ioannidis: ECB15: Julian Langner: ESCB/Eurosystem/National Central Banks16: Alberto de Gregorio Merino and Eurgenia Dumutriu: EU Institutions Representing Member States' Governments17: René Repasi: European Parliament and National Parliaments18: Kees van Duin: European Commission19: Daniel Sermiento and Moritz Hartmann: European Monetary Union and the Courts20: Jennifer Payne: The Institutional Design of Financial Supervision and Financial StabilityPart V Monetary Union21: Robert Freitag: Euro as Legal Tender and Banknotes22: Klaus Tuori: Monetary Policy23: Alexander Thiele: Foreign-exchange Operations of the ECB and Exchange-Rate Policy24: Phoebus Athanassiou: Payment Systems25: Ulla Neergaard: ERM II26: Rosa Lastra and Georgios Psaroudakis: Prudentional Supervisory TasksVI Economic Union27: Jean-Paul Keppene: Economic Policy Coordination: Foundations, Structures and Objectives28: Jean-Paul Keppene: Economic Fiscal Governance on the Member States: The Stability and Growth Pact and Beyond29: Leo Flynn: Non-fiscal Surveillance of the Member States30: Ulrich Forsthoff and Nathalie Lauer: Policy Conditionality Attached to ESM Financial AssistancePart VII Financial Assistance31: Wolfgang Bergthaler and Katherine Chistopherson: IMF32: Vestert Borger: EU Financial Assistance33: Ulrich Forsthoff and Jasper Aerts: Euro Area34: Alexander Thiele: Financial Assistance for Non-Euro Area Member StatesPart VIII Financial Markets and Banking Union35: Kern Alexander: Financial Market Integration and EMU36: Kern Alexander and Vivienne Madders: Financial Market Regulation in the Internal Market37: Christoph Ohler: Banking Supervision38: Christos V Gortsos: Banking Resolution: The EU Framework Governing the Resolution of Credit Institutions39: Till Müller-Ibold: State Aid for Financial InstitutionsPart IX Crisis and Future of EMU40: Christos Hadjiemmanuil: Euro in Crisis: 2008 - 1841: Alicia Hinarejos: Legality of Crisis Responses42: Paul Craig and Menelaos Markakis: EMU Reform
In sum, the book The EU Law of Economic and Monetary Union"" compiles an impressive collection of expertise on the EMU and, where appropriate, also beyond (EU) law.