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A crise e a governa??o democrática do euro: quest?es legais e políticas de uma crise or?amental

Keywords: european treaties, demo-cratic governance, eurozone crisis, fiscal discipline.

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Abstract:

in its first part, the article provides the historical context for the adop-tion of the treaty on stability. acknowledging the political irrevers-ibility of its endorsement, it assesses the problems posed by a number of its clauses, namely in juridical interpreta-tion. in the second half, an evaluation is carried out of the political inability the eu has shown in overcoming the eurozone crisis. to this purpose, a series of measures are pointed out that have been identified as feasible ways of ensuring the democratic legitimacy of a future economic governance of the euro.

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