Legal Challenges in the Global Financial Crisis

Wolf-Georg Ringe is a Professor of International Commercial Law at Copenhagen Business School. Peter M Huber is Professor of Law at the Ludwig-Maximilians-Universität Munich and justice of the Federal Constitutional Court of Germany.

...a very welcome addition to the limited European legal literature on the global financial crisis...it constitutes an important contribution in the field and it is certainly to be applauded for paving the way for further cross-disciplinary discussion amongst lawyers.

• 1 Introduction Wolf-Georg Ringe and Peter M HuberPart I The Constitution2 The Rescue of the Euro and its Constitutionality Peter M Huber3 Democracy in the Eurozone Pavlos Eleftheriadis4 Debt Limits in Constitutional Law: The 'Debt Brake' Gregor Kirchhof5 Debt Limits in German Constitutional Law – A UK Perspective John McEldowneyPart II Europe6 Why the ECB Cannot Save the Euro Paul Yowell7 A Governance Crisis? Treaty Change, Fiscal Union and the ECB Christoph Ohler8 State Aid and the Financial Crisis Conor Quigley9 State Aid for Banks in the Financial Crisis: The Commission's New and Stronger Role Thomas AckermannPart III Regulation 10 Comparing Apples and Oranges? Public, Private, Tax, and Criminal Law Instruments in Financial Markets Regulation Alexander Hellgardt11 Regulatory Choice: Observations on the Recent Experience With Corrective Taxes in the Financial Sector John Vella12 Banking Special Resolution Regimes as a Governance Tool Gustaf Sjöberg13 Special Resolution Regimes for Banking Institutions: Objectives and Limitations Christos HadjiemmanuilPart IV The Limits of Legal Regulation 14 The Limits of Legal Regulation – Will the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union Have a Real Legal Effect? Rudolf Streinz15 The European Public Debt Crisis and the Institutional Framework of the Monetary Union: Experience and Adjustments Franz-Christoph Zeitler