Sentences with phrase «strict conditionality»

In this sense, the Court seems to have implicitly confirmed that Art. 4.2 TFEU represents a clause of last resort that allows an exception to the application of the Treaties only when it is not possible to make recourse other provisions such as Art. 6.3 TEU (namely, when at stake there is not a fundamental right, as could be — for instance — the case in the application of an exception to the «strict conditionality» which follows the implementation of the economic and financial measures enacted to counter the economic crisis).

Such support is, however, subject to strict conditionality (in the form of macroeconomic adjustment programmes), and can only be granted if it is indispensable to safeguard the financial stability of the eurozone as a whole.

«Strict conditionality», the necessary counterpart of financial assistance according to EU law, proved to be much stricter than many actors thought, both in economic and institutional terms (4.).

In any case, the CJEU continued by emphasising that stability support is only granted subject to strict conditionality and when such support «is indispensable to safeguard the financial stability of the euro area as a whole».

The CJEU says that there is no assumption of debt whatsoever of the part of the ESM and the receiving Member States are subject to strict conditionality.

In Pringle, the ECJ found «strict conditionality» was a necessary condition for any assistance under EU law and article 125 TFEU, in particular (paras 72, 111).

«Strict conditionality» seems to be stricter than many actors thought, especially in Greece.

At the centre of this new framework lies the concept of strict conditionality.

Article 136 TFEU, after its amendment in 2011, requires that «the granting of any required financial assistance under the mechanism will be made subject to strict conditionality» (para. 3).

In the latest stage of the Greek drama, the crux of the matter was how much flexibility can fit into this «strict conditionality».

The granting of any required financial assistance under the mechanism will be made subject to strict conditionality.»

Proceed cautiously with their plans to impose strict conditionality rules for care workers on zero - hours contracts who claim universal credit

Not exact matches

Apart from its economic «strictness» financial assistance conditionality has, thus, gradually become «stricter» also in legal and institutional terms.