Took place October 22nd-23rd, 2015
The workshop included three hour sessions on each of the following four themes:
- Conditions posed to legal change in reaction to the Eurozone crisis at both EU and national level (such as competence constraints, fundamental rights limits)
- Legal aspects of the overall new EMU package (e.g. Macro-economic Imbalance Procedure, Excessive Deficit Procedure, Broad Economic Policy Guidelines)
- Legal aspects of risk-sharing mechanisms (e.g. European Stability Mechanism, prospects for Euro-bonds)
- Legal aspects of banking union (emphasis on: Single Supervisory Mechanism, Single Resolution Mechanism, deposit insurance)
Participants have explored issues of EU legal and institutional design within the specific and dynamic area of EMU and the closely related area of banking union. Sessions on each of the four themes will be moderated by a mixture of invited externals and EUI Faculty. Materials have been circulated by Thursday 1 October to allow time to have thoroughly read and prepared in advance of the intensive seminar. A key goal of the workshop was to clearly understand and articulate how legal design issues interact with EU economic and monetary policy objectives.
Policy statements formulated after this workshop have been presented by Law Faculty to Economists participating in the ADEMU project on Friday 11 and Saturday 12 December 2015. Seminar participants are welcome to attend.
Where: Sala Triaria
Via Giovanni Boccaccio, 121, 50133 Firenze Italy
Professors Claire KILPATRICK and Giorgio MONTI