EU Fiscal Capacity
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Federico Fabbrini 2022
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ISBN 9780198874225 (hbk.)
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Acknowledgements
This book is the result of research I have undertaken throughout the pandemic as a Full Professor of EU Law at the School of Law & Government of Dublin City University (DCU)and was completed in September 2022, while on sabbatical at Princeton University, as a Fellow in Law, Ethics, and Public Policy at the School of Public and International Affairs and the University Centre for Human Values. The law of Europes Economic and Monetary Union (EMU) has long been, together with Brexit and many other aspects of European integration, one of my main research interests. In fact, since 2021, I am also the Principal Investigator of the Jean Monnet Centre of Excellence REBUILD (Recovery of Europe, Budget of the Union: Integration, Law and Democracyproject: 101047922), housed within the Brexit Institute at DCU. The REBUILD project has provided the academic framework to conceive and draft this book, and I would like to thank a number of colleagues, including Michael Breen, Edoardo Celeste, Ian Cooper, Goran Dominioni, Ken McDonagh, Niall Moran, Christy Petit, Janine Silga, and Diarmuid Torney for conversations on those topics. At the same time, Princeton University offered an ideal intellectual context to fine-tune and finalize the volume, and I would like to thank, on various grounds, several colleagues, including Harold James, Kim Lane Scheppele, Melissa Lane, Sophie Meunier, Jan-Werner Mueller, and Andrew Moravcsik.
This book builds on prior scholarship of mine, which has been, however, significantly updated and reorganized. In particular, The War in Ukraine and the Future of the EU in Adam Cygan and Adam Lazowski (eds), Research Handbook on the Legal Aspects of Brexit (Edward Elgar Publishing 2022). I am also pleased to acknowledge that many of the key ideas of this book were fleshed out previously in my report Europes Economic and Monetary Union beyond Covid-19, June 2021, written at the request of the Department of Finance of Ireland and Presidency of the Eurogroup, and especially in my monograph in Italian Next Generation EU: Il futuro di Europa e Italia dopo la pandemia (Il Mulino 2022).
I want to thank my University, DCU, for granting me a sabbatical in academic year 202223, which allowed me to spend time at Princeton University, and Princeton University, for welcoming me in the United States. Also, a note of gratitude is due to my publisher, Oxford University Press: this is the eighth book I am publishing with them in eight years, and I am grateful for their continuing trust. Last but definitely not least, I would like to thank my better half Silvia, for her love, patience, and support throughout the time-consuming and draining process of writing this book. This book is dedicated to my mother Manuela, with huge gratitude for everything she has done.
Contents
European Union
European Court of Justice
European Convention on Human Rights
European Court of Human Rights
Germany
Bundesverfassungsgericht
Italy
Corte Costituzionale
United States
Supreme Court
AFSJ | area of freedom, security and justice |
BICC | budgetary instrument for convergence and competitiveness |
CBAM | Carbon Border Adjustment Tax |
CFSP | common foreign and security policy |
CSDP | common security and defence policy |
ECB | European Central Bank |
ECJ | European Court of Justice |
EDIS | European deposit insurance scheme |
EDP | Excessive Deficit Procedure |
EFSF | European Financial Stability Facility |
EFSM | European Financial Stability Mechanism |
EIB | European Investment Bank |
EISF | European Investment Stabilization Function |
EMU | Economic and Monetary Union |
EP | European Parliament |
EPF | European Peace Facility |
ESM | European Stability Mechanism |
ETS | emissions trading scheme |
EU | European Union |
EURI | EU Recovery Instrument |
GDP | gross domestic product |
HR | High Representative |
IGA | intergovernmental agreement |
IIA | interinstitutional agreement |
IMF | International Monetary Fund |
MFF | Multiannual Financial Framework |
NATO | North Atlantic Treaty Organization |
NGEU | Next Generation EU |
NRRPs | National Recovery and Resilience Plans |
OMT | Outright Monetary Transaction |
ORD | Own Resources Decision |
PCSL | Pandemic Crisis Support Line |
PEPP | Pandemic Emergency Purchase Programme |
PSPP | Public Sector Purchase Programme |
RRF | Recovery and Resilience Facility |
SGP | Stability and Growth Pact |
SMEs | small- and medium-sized enterprises |
SMP | Securities Markets Programme |
SRF | Single Resolution Fund |
TPI | |