The euro crisis has shown that the common currency has major design flaws. Therefore, efforts have been made in recent years to strengthen the institutions of the euro area and to better prepare it against future crises. Emmanuel Macron, who won the French presidential election in May 2017, has announced that he will join forces with Germany and the other euro area countries to launch further integration steps to stabilize Economic and Monetary Union. This article, entitled “In means in: Little scope for flexibility in Europe’s Economic and Monetary Union”, examines whether flexibility can play a role in strengthening Economic and Monetary Union, and if so, in what form. It comes to the conclu- sion that flexibility cannot mean that some Eurozone members participate in the reform process of the euro area while others do not. The only acceptable form of flexibility is the deepening of the Eurozone through intergovernmental treaties outside the EU legal framework. However, it must be ensured that the mechanisms of parliamentary control and accountability enshrined in the European rules are not undermined.
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