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Economic crisis and reform of EU law

by Abraham Barrero Ortega and Irene Sobrino Guijarro

Within the framework of the EU, it is possible to identify parallel legal developments that deserve close attention. We are referring to the specific reality represented by the “Treaty establishing the European Stability Mechanism” (2nd of February 2012), the “Treaty on Stability, Coordination and Governance in the Economic and Monetary Union” (2nd of March 2012), closely linked to the “Pact for the Euro”– endorsed by the Heads of State or Government in March 2011-, and the “Compact for Growth and Jobs”, agreed by Heads of State or Government at the European Council in June 2012.

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