Date: 2014
Type: Working Paper
Flexibilisation of the Euro area : challenges and opportunities
Working Paper, EUI MWP, 2014/01
BEUKERS, Thomas, Flexibilisation of the Euro area : challenges and opportunities, EUI MWP, 2014/01 - https://hdl.handle.net/1814/29697
Retrieved from Cadmus, EUI Research Repository
This working paper explores the challenges and opportunities of a possible euro area flexibility clause. Such a clause, if introduced through a limited revision of the current EU Treaties, could be used to partially respond to one of the institutional challenges exposed by the Eurozone crisis, namely that member states (permanently) outside the euro area can block change desired by the member states within the euro area. It would provide an alternative to a comprehensive treaty revision and to going outside the treaties by concluding additional intergovernmental treaties.
Additional information:
An earlier version of this paper was presented at the Workshop “Revising European Treaties”, organised by the RSCAS/EUI on 11 November 2013.
Cadmus permanent link: https://hdl.handle.net/1814/29697
ISSN: 1830-7728
Series/Number: EUI MWP; 2014/01