Checking date: 01/06/2022


Course: 2024/2025

Law of European Union Fiscal Rules: The Stability and Growth Pact
(19195)
Master in European Economic Governance (Plan: 474 - Estudio: 377)
EPC


Coordinating teacher: ESTELLA DE NORIEGA, ANTONIO

Department assigned to the subject: Public State Law Department

Type: Compulsory
ECTS Credits: 6.0 ECTS

Course:
Semester:




Requirements (Subjects that are assumed to be known)
Any degree in the social and legal sciences area
Objectives
In-depth knowledge of the foundations of the Stability and Growth Pact and, more in general, of the EU fiscal discipline rules
Skills and learning outcomes
Description of contents: programme
Common themes to the subjects: The themes common to the relative part of the law of European economic governance are the study of the legal institutions that exist in each of the proposed subjects, in addition to the analysis of the concepts and categories, which are also common to the entire EEG. Institutions such as the ECB, the European Commission, the ESM, the SSM, the SRM, the European Fiscal Council, etc., are present in the decision-making process of the EU in matters of European Economic Governance, in general. In addition, legal categories such as deficit and debt limits, the ECB's inflationary targets, the fiscal golden rule, the Memoranda of Understanding, or the conditionality of financial bailouts, are common to all the subjects in which this matter is broken down. Specific topics of each subject: The Stability and Growth Pact before the 2008 crisis The legal reason for the birth of the PEC From Maastricht to 2005: the PEC of 1997 The preventive and corrective arms of the PEC: 1997 regulations The 2005 PEC reform Part II: the reform of the PEC after the 2008 crisis The 2012 ¿Fiscal Compact¿ The six-pack of 2011 The two-pack of 2013 The current situation: the new reform of the PEC after the pandemic
Learning activities and methodology
AF1 Clase teórica / Theoretical lessons AF2 Clases prácticas / Practical lessons AF3 Tutorías / Office hours AF4 Trabajo individual del estudiante / Individual student work AF5 Exámenes parciales y finales / Continuous and final assesments
Assessment System


Basic Bibliography
  • ESTELLA ANTONIO. LEGAL FOUNDATIONS OF EUROPEAN ECONOMIC GOVERNANCE. CAMBRIDGE UNIVERSITY PRESS. 2018
Recursos electrónicosElectronic Resources *
Additional Bibliography
  • CRAIG, PAUL. DE BURCA, GRAINNE. EU LAW. TEXTS, CASES AND MATERIALS. OXFORD UNIVERSITY PRESS. 7TH EDITION (2020)
Recursos electrónicosElectronic Resources *
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The course syllabus may change due academic events or other reasons.


More information: https://www.uc3m.es/master/european-economic-governance