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Currency of Solidarity: Constitutional Transformation during the Euro Crisis

Currency of Solidarity: Constitutional Transformation during the Euro Crisis

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  • More about Currency of Solidarity: Constitutional Transformation during the Euro Crisis

The EU and its member states have taken measures to fight the debt crisis, which has profoundly changed the euro. This change has come about without any formal amendment to the EU's basic constitutional charter, the Treaties. This book argues that the EU's constitution has transformed, characterized by a broadening of the currency union's stability conception from price stability to financial stability. It conceptualizes the unity of the member states and analyses how this was preserved during the crisis. It also explains how the change in the currency union's set-up and why the European Court of Justice could not turn against the change in Pringle and Gauweiler.

Format: Hardback
Length: 400 pages
Publication date: 08 October 2020
Publisher: Cambridge University Press


The European Union and its member states have taken significant measures to address the debt crisis, resulting in a profound transformation of the euro. This change has occurred without formal amendment to the Union's basic constitutional charter, the Treaties. To understand this transformation, this book argues that the EU's constitution has undergone a transformation, known as constitutional change without amendment. This transformation is characterized by a broadening of the currency union's stability conception from price stability to financial stability.

Using solidarity as a lens, the book conceptualizes the unity of the member states and analyzes how this was preserved during the crisis. Subsequently, it explains how this change in the currency union's set-up has occurred and why the European Court of Justice could not turn against the change in Pringle and Gauweiler.

The European Union and its member states have taken significant measures to address the debt crisis, resulting in a profound transformation of the euro. This change has occurred without formal amendment to the Union's basic constitutional charter, the Treaties. To understand this transformation, this book argues that the EU's constitution has undergone a transformation, known as constitutional change without amendment. This transformation is characterized by a broadening of the currency union's stability conception from price stability to financial stability.

Using solidarity as a lens, the book conceptualizes the unity of the member states and analyzes how this was preserved during the crisis. Subsequently, it explains how this change in the currency union's set-up has occurred and why the European Court of Justice could not turn against the change in Pringle and Gauweiler.

The European Union and its member states have taken significant measures to address the debt crisis, resulting in a profound transformation of the euro. This change has occurred without formal amendment to the Union's basic constitutional charter, the Treaties. To understand this transformation, this book argues that the EU's constitution has undergone a transformation, known as constitutional change without amendment. This transformation is characterized by a broadening of the currency union's stability conception from price stability to financial stability.

Using solidarity as a lens, the book conceptualizes the unity of the member states and analyzes how this was preserved during the crisis. Subsequently, it explains how this change in the currency union's set-up has occurred and why the European Court of Justice could not turn against the change in Pringle and Gauweiler.

Weight: 770g
Dimension: 158 x 236 x 32 (mm)
ISBN-13: 9781108836364

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