The purpose of this module is to analyse the institutions of EMU (Economic and Monetary Union), in particular the law of the ECB and the law of the euro, and the pillars of banking union (single supervision, single resolution, single deposit insurance). The module also examines the law relating to economic governance in the EU and Eurozone, and the road to economic union, and provides an introduction to Capital Markets Union. The relationship between the single market and the European financial architecture on the one hand and banking union on the other hand are also critically considered, in the light of the challenges that Europe faces in its process of integration.

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