Section outline
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Learning Outcomes
- Student describes the institutional structure and objectives of the Economic and Monetary Union.
- Student explains the principles governing fiscal and banking union.
- Student analyzes the legal framework of the Stability and Growth Pact and related instruments.
- Student assesses current challenges and reforms within the EU’s economic governance frameworks
Compulsory EU Law
- TFEU, 119-144
- Case C-370/12 Pringle
- Case C-62/14 Gauweiler
- Case C-493/17 Weiss
Task to Consider
Short analytical essay, 700–900 words
The Economic and Monetary Union (EMU) represents a core element of EU integration, combining monetary centralisation with largely decentralised fiscal policies. Using Articles 119–144 TFEU and relevant case law of the Court of Justice of the EU, analyse:
- the institutional structure and objectives of the EMU,
- the basic principles of the fiscal and banking union,
- the legal framework of the Stability and Growth Pact (SGP),
- the role of the CJEU in addressing crisis-related measures and reforms of EU economic governance.
Your answer should refer to at least two of the following cases: Case C-370/12 Pringle, Case C-62/14 Gauweiler, Case C-493/17 Weiss.