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Part VI Monetary Unions and other Forms of Monetary Organization, 26 EMU and the Treaty on European Union

Charles Proctor, Dr Caroline Kleiner, Dr Florian Mohs

From: Mann on the Legal Aspect of Money (7th Edition)

Charles Proctor

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 05 February 2023

Monetary union — Exchange Rates
26.01 The present chapter, like the previous one, deals with a number of issues which may not be regarded as questions of monetary law in the strictest sense. Nevertheless, a review of those issues is necessary in order to create an understanding of the legal rules and structures which are required to underpin a monetary union. Their importance is underscored by the continuing sovereign debt crisis within the eurozone. 26.02 As previously noted, the Treaty on European Union was signed at Maastricht on 7 February 1992. The Treaty dealt with a number of areas in...
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