This article examines the reform of the European Stability Mechanism (ESM) as an example of the hybrid character of EMU law. The article does so by analysing the functioning of the ESM and explaining the plans for its reform, including the troubled ratification process, within and outside the EU Treaty framework. The article then concludes stressing how the evolution of the ESM contributes to the consolidation of a hybrid EMU architecture, where the interaction between Treaty and non-Treaty norms raises a variety of legal and political challenges.

Zaccaroni, G. (2022). The Reform of the ESM Within a Hybrid EMU Law. EUROPEAN PUBLIC LAW, 28(3), 373-396.

The Reform of the ESM Within a Hybrid EMU Law

Zaccaroni, G
2022

Abstract

This article examines the reform of the European Stability Mechanism (ESM) as an example of the hybrid character of EMU law. The article does so by analysing the functioning of the ESM and explaining the plans for its reform, including the troubled ratification process, within and outside the EU Treaty framework. The article then concludes stressing how the evolution of the ESM contributes to the consolidation of a hybrid EMU architecture, where the interaction between Treaty and non-Treaty norms raises a variety of legal and political challenges.
Articolo in rivista - Articolo scientifico
EMU, ESM, reform, hybrid, economic governance
English
2022
28
3
373
396
none
Zaccaroni, G. (2022). The Reform of the ESM Within a Hybrid EMU Law. EUROPEAN PUBLIC LAW, 28(3), 373-396.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/404619
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