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Preface; Peer Review Process; Contents; List of Authors; Abbreviations; Part I: The New Institutional Balance and Democracy; Democratic Principles and the Economic Branch of the European Monetary Union; 1 Introduction; 2 The Original Relationship Between the EMU and Democratic Principles; 3 The Relationship Between the EMU and Democratic Principles After the Crisis: A ``Strengthened ́́Representative Democratic De...; 4 Views on the EMU Democratic Deficit; 5 Democratic Principles and Democratic Models Under the Lisbon Treaty

6 Democratic Principles and Democratic Models Under the ``Six Pack ́́and the ``Two Pack ́́Legislation7 Conclusions; References; The Democratic Foundations of the EMU: The European Parliament and the National Parliaments Between Cooperation and Rivalry; 1 Introduction; 2 Parliamentary Relegation in Decision-Making Process; 2.1 The Complete Independence of the Central Banks from the Parliaments; 2.2 The Ambiguous Role of the European Parliament in the Economic Governance; 2.3 The Decline of National Parliaments; 3 The Promotion of Parliament in Accountability

3.1 The Monetary Dialogue as Laboratory for Accountability3.2 The Uncertain Replication of ``Dialogue ́́Accountability Model to Other Fields; 3.3 The Weaknesses of Interparliamentary Cooperation; 4 Conclusion; References; Further Reading; From Subordinated to Prominent: The Role of the European Commission in EMU. Reflections on Euro Area Democracy; 1 In the Beginning: The Commission as a De-legitimised Executive in EMU Affairs; 2 Crisis Response: Inter-Governmentalism But, Also, Strengthened Commission Role; 3 The Need for a More Inclusive Approach: Three Bold Steps Needed

4 Democracy and Legitimacy5 Two Provisional Findings on Economic Policy Decision-Making Thus Far; 5.1 Outcome Legitimacy Insufficiently Reflected in Decision-Making Up Till Now; 5.2 Policy Prescriptions Sharply Distinguish Between EU Citizens: Dichotomy Leads to Discord; 6 Exploring EU-Wide Economic Policy Measures; 7 Another Legal Issue: Transparency (and Enforceability) of Conditionality Through EU Legal Acts; 8 Debate Should Be Held at the European Level, with (Sub)national Input; 9 The Commissionś Central Role as Accountable to the European Parliament: Four Suggestions

10 The Commission as a Neutral Arbiter or a Political Body?11 A Wider Perspective; References; More or Less Intergovernmental Cooperation Within the New EMU?; 1 Introduction; 2 The Dynamics of Institutional Balance; 3 The Atypical Institutional Character of EMU; 4 Intergovernmentalism: Special Leadership in Crisis Period; 5 Supranationalism: Day-to-Day Leadership by Management; 6 Is a New Method of Governance Emerging?; References; The Economic Dialogue: An Effective Accountability Mechanism?; 1 Introduction; 2 The European Parliament and Economic and Monetary Union

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