"This book explains why the European Union member states - in response to the Euro crisis - agreed to establish banking union, despite previous objections, and why they chose its hybrid institutional design. Analysing its establishment from 2012 to 2020, the book offers a comprehensive view of...

Part I. The Definition and Evolution of European Central Banking Law -- Chapter 1. The Function of Central Banks and Definition of European Central Banking Law -- Chapter 2. The Establishment of the European System of Central Banks and the Eurosystem -- Chapter 3. The Establishment of the...

Introduction: institutionalizing financial stability in Europe -- Realist institutionalism: power, institutions and international order -- The TSCG and EMU reform establishing responsible sovereignty -- The ESM: stabilising the Eurozone without a fiscal union -- The SSM: supervising Europe's...

Chapter 1: Introduction -- Chapter 2: EMU’s Asymmetrical Institutional Design -- Chapter 3: Enhancing EMU’s Fiscal Arm: Towards Stronger Regulatory Surveillance -- Chapter 4: Building Central Financial Assistance Capacities -- Chapter 5: Developing an Emu Lending Of Last Resort Capacity --...