Type
Partie ou chapitre de livre
Titre
If it's broken, don't fix it: the government of the Euro area in the EU 'Reform Treaty'
Dans
Report on the State of the European Union (vol.3): Crisis in the EU Economic Governance
Auteur(s)
LAURENT Eloi - Observatoire français des conjonctures économiques (Auteur)
FITOUSSI Jean-Paul - (Directeur de publication ou de collection)
LE CACHEUX Jacques - (Directeur de publication ou de collection)
Éditeur
Palgrave Macmillan
Pages
- - - p.
ISBN
9780230241565
Résumé
EN
The government of the Euro area – the institutions, objectives and instruments of the regional area pooling together the monetary sovereignty of the 13 EU member states that share the euro – was obviously the blind spot in the otherwise animated negotiations of the sessions of the European Convention, and then of the Intergovernmental Conference in 2004. What seemed then a missed opportunity now looks like a major collective failure. This paper examines the reforms of the “economic governance” of the euro area proposed by the “Treaty amending the Treaty on European Union and the Treaty establishing the European Community” (also called the “Reform Treaty”) and concludes that they do not match the challenges faced collectively by the euro area economies.

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