This volume compiles and examines the key set of legal documents of the European 'Great Crisis'. Europe has been the key battlefront of the world crisis since 2009, which was triggered by financial turmoil in the US subprime market. As a result, a number of decisions and structural reforms have been adopted by the EU, through new legal acts, regulations and directives.
Agustín José Menéndez and Fernando Losada have assembled these key legal documents in one single file.
'It appears that the structural, long-term impact of managing the crises on the constitutional law of the EU and its member states is bigger than that of any previous round of Treaty amendment. The crises have been a more powerful spark of constitutional change than the Maastricht, Amsterdam or Nice Treaties.'
'We are under the strong impression that the fact that measures were taken more rapidly than scholars could understand, even less explain, what was being decided does not mean that no patterns, tendencies, or directions are discernible. For that purpose, legal documents have to be put together, like the pieces of a puzzle', the editors explain.
The Key Legal Texts of the European Crises
Fernando Losada and Agustín José Menéndez (eds)
Version 1.0 September 2014 (pdf)
ARENA reports on the crisis
ARENA has published a series of three ARENA Reports providing the reader with a comprehensive analysis of the unfolding of the European crisis:
ARENA Report 2/14
The European Union in Crises or the European Union as Crises?
John Erik Fossum and Agustín José Menendez (eds), May 2014
ARENA Report 3/12
The European Rescue of the European Union? The Existential Crisis of the European Political Project
Edoardo Chiti, Agustín José Menéndez and Pedro Gustavo Teixeira (eds), February 2012
ARENA Report 7/09
The Sinews of European Peace: Reconstituting the Democratic Legitimacy of the Socio-Economic Constitution of the European Union
Raúl Letelier and Agustín José Menéndez (eds), December 2009