Title: Judicial Review of Economic Policy: The EU Courts
Abstract: Abstract This chapter seeks to unpack access to EU courts in the area of EMU, the emphasis being on the challenges facing austerity-hit litigants wishing to put their substantive case before the Court of Justice of the European Union (CJEU). The discussion will proceed as follows. First, it will be shown that aggrieved individuals might not always be able to locate a formally binding EU law measure which could form the basis of a direct or indirect challenge before the EU courts. Second, it will be seen that the judicial doors to an Article 263 TFEU challenge (action for annulment) are, nevertheless, firmly shut as most private persons will not be able to overcome the admissibility hurdles of direct and individual concern. Third, almost all Article 267 TFEU challenges (preliminary reference) have so far been declared inadmissible, which begs the question as to the legal quality of the bailout terms and its ripple effect on the scope of application of the EU Charter of Fundamental Rights. Fourth, though aggrieved individuals could in principle bring an Article 340 TFEU action for damages before the EU courts, litigants are likely to face an uphill struggle in trying to convince the CJEU that the relevant requirements for liability of the EU institutions for damages for breach of EU law were met. The final section of this chapter will focus on the scope of application of the EU Charter, which has formed the basis of many (unsuccessful, thus far) challenges to austerity measures.
Publication Year: 2020
Publication Date: 2020-04-02
Language: en
Type: book-chapter
Indexed In: ['crossref']
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