EU Law of Economic & Monetary Union

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.

1 - Introduction
2 - History of an Uncomplete EMU
3 - Economics of European Monetary Integration
4 - Politics of European Monetary Integration
5 - The International Dimension of the EMU: the Interplay Between the Global Financial Stability Architecture and the European Union
6 - External Relations of the EU and Eurogroup
7 - International Agreements of the EU/Euro Area
8 - The Architecture of EMU
9 - Objective and Principles
10 - Substantive Legal Obligations for Euro area Member States
11 - EMU as Constitutional Law
12 - Non-EU Legal Instruments
13 - EMU and the EU Social Dimension
14 - ECB
15 - ESCB/Eurosystem/National Central Banks
16 - EU Institutions Representing Member States' Governments
17 - European Parliament and National Parliaments
18 - European Commission
19 - European Monetary Union and the Courts
20 - The Institutional Design of Financial Supervision and Financial Stability
21 - Euro as Legal Tender and Banknotes
22 - Monetary Policy
23 - Foreign-exchange Operations of the ECB and Exchange-Rate Policy
24 - Payment Systems
25 - ERM II
26 - Prudentional Supervisory Tasks
27 - Economic Policy Coordination: Foundations, Structures and Objectives
28 - Economic Fiscal Governance on the Member States: The Stability and Growth Pact and Beyond
29 - Non-fiscal Surveillance of the Member States
30 - Policy Conditionality Attached to ESM Financial Assistance
31 - IMF
32 - EU Financial Assistance
33 - Euro Area
34 - Financial Assistance for Non-Euro Area Member States
35 - Financial Market Integration and EMU
36 - Financial Market Regulation in the Internal Market
37 - Banking Supervision
38 - Banking Resolution: The EU Framework Governing the Resolution of Credit Institutions
39 - State Aid for Financial Institutions
40 - Euro in Crisis: 2008 - 18
41 - Legality of Crisis Responses
42 - EMU 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.