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The Simplified Revision Procedure of Article 48 Para 6 TEU and the Possible Amendments of the EMU Framework

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The European Stability Mechanism Before the Court of Justice of the European Union

Part of the book series: SpringerBriefs in Law ((BRIEFSLAW))

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Abstract

The Court developed a specific approach concerning the simplified revision procedure, such as provided for the first time in the European Treaties in Article 48 para 6 TEU. In the absence of a specific procedure concerning this review, the Court laid out the general framework under which its review must be carried out in the context of a reference for a preliminary ruling.

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Notes

  1. 1.

    In the proposal for a regulation conferring specific tasks on the ECB concerning policies relating to the prudential supervision for credit institution, which will be adopted by the Council on the basis of Article 127 para 6 TFEU, it is formally provided for (Article 25 para 2—Separation from Monetary Policy function) that “(th)e ECB shall carry out the tasks conferred upon it by this Regulation without prejudice to and separately from its tasks relating to the monetary policy and the other tasks”.

  2. 2.

    It must be reminded that when the Treaties confer on the Union an exclusive competence in a specific area such as the monetary policy according to Article 2 para 1 TFEU, only the EU institutions may legislate and adopt legally binding acts, the Member States being able to do so themselves only if so empowered by the Union or for the implementation of the European Union acts.

  3. 3.

    Council Decision n°2009/103/EC of 4 November 2008 granting mutual assistance for Hungary (OJ L 37, p. 7) ; Council Decision n°2009/289/EC of 20 January 2009 granting mutual assistance for Latvia (OJ L 79, p. 37); Council Decision n°2009/458/EC of 6 May 2009 granting mutual assistance for Romania (OJ L 150, p. 6).

  4. 4.

    See Allemand and Martucci (2012), pp. 409–457, sp. 412–413.

  5. 5.

    Case 22/70, Commission v Council (ERTA), [1971] ECR 263.

  6. 6.

    See, for instance, Opinion 1/03, Competence of the Community to conclude the new Lugano Convention on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters, [2006] ECR I-1145, paras 114 and f.

  7. 7.

    See Joined cases C-181/91 and C-248/91, European Parliament v Council and Commission, [1993] ECR I-3685 (humanitarian aid) and Case C-316/91, European Parliament v Council, [1994] ECR I-625 (development aid).

  8. 8.

    Case C-55/00, Elide Gottardo, [2002] ECR I-413.

  9. 9.

    See inter alia Quesada (2013), The revision Procedures of the Treaty, pp. 323–342, sp. 333; see also Lenaerts and Gerard (2004), pp. 289–322, sp. 302–303 and Pernice (2009), pp. 349–407, sp. 401; Gaudin (2004), pp. 541–557, sp. 549 ; Gaudin (2011), pp. 231–255, sp. 250.

  10. 10.

    See, for instance, Calliess (2013), pp. 97–105 sp. 99–100 and Frenz (2013), pp. 27–32, sp. 29.

References

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Authors and Affiliations

  1. Secretariat General/Legal Department, Banque Centrale de Luxembourg, Boulevard Royal 2, 2983, Luxembourg, Luxembourg

    Etienne de Lhoneux

  2. Legal Department, Banque Centrale du Luxembourg, Boulevard Royale 2, 2983, Luxembourg, Luxembourg

    Christos A. Vassilopoulos

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  1. Etienne de Lhoneux
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  2. Christos A. Vassilopoulos
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Correspondence to Etienne de Lhoneux .

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de Lhoneux, E., Vassilopoulos, C.A. (2014). The Simplified Revision Procedure of Article 48 Para 6 TEU and the Possible Amendments of the EMU Framework. In: The European Stability Mechanism Before the Court of Justice of the European Union. SpringerBriefs in Law. Springer, Cham. https://doi.org/10.1007/978-3-319-01478-4_3

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