THE INFLUENCE OF THE COURT OF JUSTICE OF THE EUROPEAN UNION RULING ON THE MONETARY POLICY. RECENT CASE LAW ANALISYS
THE INFLUENCE OF THE COURT OF JUSTICE OF THE EUROPEAN UNION RULING ON THE MONETARY POLICY. RECENT CASE LAW ANALISYS

Author(s): Mihaela Tofan
Subject(s): Law, Constitution, Jurisprudence
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: monetary policy; European regulations; relevant case law;
Summary/Abstract: In the context of the European integration, the monetary project is considered both a success and a vulnerability action of cooperation among the Member States, its legal framework feature designing one of the most innovative area of the European law. The balance between the independence of the monetary institutions and the supremacy of the regulation included in the European Union treaties requires legitimate and specialized intervention.The paper presents the competence of the Court of Justice of the European Union (CJEU) to verify the conformity of the European monetary policy with the European primary sources of law, analyzing recent jurisprudence (case Dietrich C-422/19, case Weiss C- 493/17 and case Gauweiler (C-62/14). The research focuses on the arguments used by the CJEU when presenting its rulings, investigating its influence on the monetary policy within the European Union (EU), both in the case of the European Central Bank and for national central banks.It is the relation between the legislatives institutions and monetary actors that is analyzed and detailed, assessing the role of the jurisprudence in extending the effect of the European monetary policy outside the limits for the euro-area, for all the EU territory.

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