Kaarlo Tuori is Professor of Jurisprudence and Academy Professor at the University of Helsinki. He is also Vice President of the Venice Commission of the Council of Europe and serves as a consulting expert on the Constitutional Law Committee at the Finnish Parliament. Klaus Tuori is a researcher of EU constitutional law at Helsinki University. He has worked extensively within the financial market sector, focusing on asset management and sovereign debt markets. Between 1997 and 2000, he worked as a monetary policy economist at the European Central Bank designing the framework of the common monetary policy.

'… it is worth drawing attention to the final words of the book: 'In sum, we are not very optimistic'. In light of recent events in Greece, this assessment seems rather prophetic, and Tuori and Tuori's reasoning is well worth exploring.' David Yuratich, Yearbook of European Law

• Part I. Setting the Scene: 1. Introduction: framework of the analysis; 2. Two layers of the European economic constitution; 3. Towards the crisis: an economic narrative; 4. Responses to the crisis; Part II. Constitutional Mutation: 5. Constitutionality of European measures; 6. Realignment of the principles of the macroeconomic constitution; 7. Democracy and social rights; Part III. What Next?: 8. Initiatives on the table.

Kaarlo Tuori is Professor of Jurisprudence and Academy Professor at the University of Helsinki. He is also Vice President of the Venice Commission of the Council of Europe and serves as a consulting expert on the Constitutional Law Committee at the Finnish Parliament. Klaus Tuori is a researcher of EU constitutional law at Helsinki University. He has worked extensively within the financial market sector, focusing on asset management and sovereign debt markets. Between 1997 and 2000, he worked as a monetary policy economist at the European Central Bank designing the framework of the common monetary policy.

'… it is worth drawing attention to the final words of the book: 'In sum, we are not very optimistic'. In light of recent events in Greece, this assessment seems rather prophetic, and Tuori and Tuori's reasoning is well worth exploring.' David Yuratich, Yearbook of European Law

• Part I. Setting the Scene: 1. Introduction: framework of the analysis; 2. Two layers of the European economic constitution; 3. Towards the crisis: an economic narrative; 4. Responses to the crisis; Part II. Constitutional Mutation: 5. Constitutionality of European measures; 6. Realignment of the principles of the macroeconomic constitution; 7. Democracy and social rights; Part III. What Next?: 8. Initiatives on the table.

Kaarlo Tuori is Professor of Jurisprudence and Academy Professor at the University of Helsinki. He is also Vice President of the Venice Commission of the Council of Europe and serves as a consulting expert on the Constitutional Law Committee at the Finnish Parliament. Klaus Tuori is a researcher of EU constitutional law at Helsinki University. He has worked extensively within the financial market sector, focusing on asset management and sovereign debt markets. Between 1997 and 2000, he worked as a monetary policy economist at the European Central Bank designing the framework of the common monetary policy.

'… it is worth drawing attention to the final words of the book: 'In sum, we are not very optimistic'. In light of recent events in Greece, this assessment seems rather prophetic, and Tuori and Tuori's reasoning is well worth exploring.' David Yuratich, Yearbook of European Law

• Part I. Setting the Scene: 1. Introduction: framework of the analysis; 2. Two layers of the European economic constitution; 3. Towards the crisis: an economic narrative; 4. Responses to the crisis; Part II. Constitutional Mutation: 5. Constitutionality of European measures; 6. Realignment of the principles of the macroeconomic constitution; 7. Democracy and social rights; Part III. What Next?: 8. Initiatives on the table.