Leaving the Euro
Although the Euro was not designed in a way to allow countries to seize using the common currency by way of reversal to an old currency or by adoption of a new one, there have been instances where this farfetched option was considered, particularly in the wake of the Greek crisis. Do you think leaving the Eurozone is advantageous?
Unilateral withdrawal from the EU or EMU
The reference to 'unilateral' withdrawal is hardly unintentional. The distinction between
unilateral and negotiated withdrawal is significant, since any inquiry into the existence of a lega right of withdrawal can only concern a non-negotiated withdrawal (negotiated withdrawals are, in
principle, always possible). The purpose of this part is to ascertain whether a right of unilateral
withdrawal is compatible with the Community legal order and to examine the main features of
and concerns raised by an 'exit clause' recently enacted now that the Lisbon Treaty has been
ratified.