European Joint Doctorate
Globalisation, Europe & Multilateralism - Sophistication of the Transnational Order, Networks, and European Strategies
Legally Recognising the Authority of the Eurogroup
GEM-STONES Policy Briefs. AGORA Forum, March 2020
Executive Summary
The current “semi-intergovernmental” (Keppenne 2014) and legally indeterminate (Takis 2019) form in which power is exercised in Europe’s economic governance structure – an outcome of the Eurozone (EZ) crisis – poses serious challenges to the legitimacy of a social order that is purportedly based on legally-constituted authority, as expressed in the division of powers at national and supranational scales and the principles of rule-of-law and legal certainty in the EU Treaties.
In what follows, the focal point of this problem is pinpointed as well as its background and context. Then, the research objective and methodology used to investigate the conditions of how this legal arrangement developed during the crisis are briefly outlined. Finally, the findings are presented, followed by recommendations.
This project receives funding from the European Union's Horizon 2020 research and innovation programme under the Marie Sklodowska-Curie Grant Agreement No 722826.