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1 results

  • Epilogue

  • Ana Bobić, Court of Justice of the European Union
  • Book:
    The Individual in the Economic and Monetary Union
    Published online:
    04 January 2024
    Print publication:
    25 January 2024, pp 183-202
    • Chapter
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  • Summary

    The book ends with an Epilogue that looks into the future: still in its infancy, the Next Generation EU (NGEU) is the perfect guinea pig for testing the theoretical propositions of Chapters 1 and 2, taking into account the lessons learned throughout the case studies of Chapters 3 to 5. The Epilogue presents the legal framework of the NGEU and the way it has been grounded in the Treaties. The choices of the legal bases of the instruments included in the NGEU brought to light debates on their appropriateness: the scholarship contests the use of the solidarity clause from Article 122 TFEU, highlights a possible breach of the balanced budget rule from Article 310(1) TFEU and doubts the appropriateness of Article 175(3) TFEU from Cohesion Policy as the basis for the spending side of the NGEU. The Epilogue then turns to the used and possible avenues of judicial review before the national and EU courts, to close the book with some final thoughts on what awaits individuals when holding decision makers in the EMU to account before courts.