This working paper explores the challenges and opportunities of a possible euro area flexibility clause. Such a clause, if introduced through a limited revision of the current EU Treaties, could be used to partially respond to one of the institutional challenges exposed by the Eurozone crisis,...

This paper analyses the literature produced by legal scholarship on the eurozone crisis. It addresses questions about the main substantive issues discussed, the methodological approaches taken, the level and nature of critical legal analyses, and the main legal and policy proposals based on...