| Date: |
2015 |
| Abstract: |
Significant long-term developments in EMU are conditioned not only by the current EU legal framework but also by national constitutions. Conditions are posed by constitutional courts interpreting the constitution, by putting limits to transfers of sovereignty and by putting limits on the basis of rights protection. Good examples of this are the German and Portuguese constitution. Conditions are posed also by referenda prescribed or allowed for the ratification of new treaties. Member states are free to determine the national constitutional requirements for the ratification of EU treaties (in line with the national constitution), including the use of referenda. The United Kingdom illustrates that development of the EU can also be conditioned by referenda on membership. Conditions are posed to euro area development by non-euro area member states. The most prominent example of this is again provided by the United Kingdom (Fiscal Compact and in-or-out referendum). |
| Abstract: |
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396. |
| Grants: |
European Commission 649396
|
| Rights: |
Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, la comunicació pública de l'obra i la creació d'obres derivades, fins i tot amb finalitats comercials, sempre i quan es reconegui l'autoria de l'obra original.  |
| Language: |
Anglès |
| Series: |
Barcelona Graduate School of Economics. ADEMU working paper series |
| Series: |
ADEMU Working Paper Series ; 39 |
| Document: |
Working paper |
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