The fundamental task of the European Council – consisting primarily of the heads of state or government in the EU member states – has been to define the EU´s general political direction. Its influence and scope of intervention, however, is gradually increasing.

Seminar: "Why does Legitimacy Matter to the Monetary Union?"
Date
Address
Event Type
Organiser type
Section
Event Location
Event Description
The economic crisis in Europe has renewed the debate on the functioning of the Economic and Monetary Union (EMU). The discussions have mainly focused on economic aspects of the union’s viability and design, while its other characteristics remain largely overlooked.
At this seminar, Professor Christopher Lord will present the report On the Legitimacy of Monetary Union where he argues that one of the most central questions is whether the monetary union can be considered legitimate. According to Lord, democratic control embedded in the empowerment of citizens to ultimately exercise it as equals, is the primary prerequisite when assessing legitimacy. This, in turn, raises questions regarding democratic control over the European Central Bank (ECB), as well as the role of national parliaments and the European Parliament in exercising it.
Speaker
Christopher Lord, Professor, ARENA, The Centre for European Studies, The University of Oslo
Discussants
Sverker Gustavsson, Professor, Department of Political Science, Uppsala University
Adriaan Schout, Deputy Director Research Europe, Clingendael - Netherlands Institute of International Relations
Moderator
Pernilla Bäckman, Researcher, Political Science, SIEPS
Time: Wednesday 3 October 14.00 – 16.00. Registration/coffee from 13.30
Venue: Medelhavsmuseet, Fredsgatan 2, Stockholm
Language: English
Register no later than 28 September.
The seminar is free of charge and open to the public. Each participant will receive a copy of the publication.
To register please click here
Related Events
What triggers growth? How can the EU Member States ensure conditions that have a proven positive effect on growth? These questions are relevant, not least considering the recent financial and economic crisis which represents the deepest downturn in world economy since Second World War.
In light of the Europe 2020 strategy, public authorities in the European Union should make better use of public procurement in support of general societal goals such as the protection of the environment and good social conditions.
The financial and sovereign debt crisis has underlined the important role of housing finance in the economy. Risky and short-term mortgage credit contracts as well as securisation were all important causes behind the crisis we are currently experiencing.
Energy has always had a prominent place in the European integration process. And yet, the establishment of an EU energy policy is relatively recent, particularly in its external dimension.
Cyprus assumed the EU Presidency in the midst of the economic crisis. The presidency has been a challenging task, not the least since Cyprus itself was severely hit by the crisis and is subject to austerity measures.
Constitutional issues are hot in many countries. Foreign institutional models are often invoked in these debates, but so are national traditions and the lessons of national experience.
Consumer empowerment is very much a European topic today. A clear example is the European Commission´s new European Consumer Agenda. But what is the current status of the EU's 500 million consumers? What influence do they actually have and how can it be strengthened?
The Council of the European Union is certainly the most powerful institution of the European Union, as a major Community legislator – alone or with the European Parliament – and as an executive body. Still, there is only limited knowledge of the Council’s decision-making and how the Council reac




















