Examines the legal questions arising from the fact, that not all member states of the European Union belong to the Eurozone.

The author examines the legal questions arising from the fact, that not all member states of the European Union belong to the Eurozone. More than seven years after the introduction of the Euro and more than twelve years after the Treaty of Maastricht introduced the provisions on the Economic and Monetary Union in the EC-Treaty, these questions are only seldom examined in legal literature. The author tries to fill this gap.