Resumen de The Euro-Area crisis: a first legal analysis

Giuseppe Martinico

• What should the European Union do to challenge the Eurozone crisis? Examining the recent debate, one can identify the following options to overcome the EU’s institutional crisis:

  1. reform of the EU treaties;

  2. enhanced cooperation;

  3. the conclusion of an international agreement.

  In this brief note, I am going to stress both the negative and the positive aspects of these options, trying to read them in light of the constitutional dynamics of the EU.