International Week 2017

Economic and monetary union - Maastricht: strenghts, weaknesses and current outcome.

Wednesday, 8th of February |  10:00 – 10:45 

Economic and Monetary Union - Maastricht: strenghts, weaknesses and current outcomes

Martin Petschko (AUS) is a research associate at the University of Luxembourg’s Faculty of Law, Economics and Finance and specialises in European law, with a particular focus on competition, economic and private law, as well as constitutional issues of European integration. He holds a degree in law as well as a separate degree in political science. Mr Petschko has practical experience in European and domestic law, having worked with a major law firm’s Anti-Trust and competition desk, the Council of the European Union’s legal service, the Court of the European Union, the Austrian Foreign Ministry’s legal service, and the Austrian Federal Chancellery. He also provides Online Tutorials and has published on different aspects of competition law and European private law.

Economic and Monetary Union - Maastricht: strengths, weaknesses and current outcomes

Even though the roots of Economic and Monetary Union date back to the earliest founding days of European integration, the 1992 Maastricht Treaty undoubtedly constitutes a milestone. While the birth of EMU was accompanied by high hopes, its coming of age has proven more arduous than many would ever have thought. Against this backdrop, the lecture will analyse the legal and economic backgrounds of EMU as well as the developments that ensued. Special attention will be devoted to the existing difference in the level of integration between the Economic Union on the one hand and the Monetary Union on the other. An assessment of the current state of affairs and further possible ways forward will wrap up the lecture.