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The Euro Area Crisis in Constitutional Perspective - Oxford Scholarship Online
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The Euro Area Crisis in Constitutional Perspective

Alicia Hinarejos


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 Mem ... More

Keywords: euro area crisis, Economic and Monetary Union, EMU, fiscal integration, economic coordination, budgetary surveillance, fiscal federalism, fiscal union, European Semester, constitutional law

Bibliographic Information

Print publication date: 2015 Print ISBN-13: 9780198714958
Published to Oxford Scholarship Online: August 2015 DOI:10.1093/acprof:oso/9780198714958.001.0001


Affiliations are at time of print publication.

Alicia Hinarejos, author
Downing College and the Faculty of Law, University of Cambridge, University Lecturer and Fellow