Harvard Law School Jean Monnet Chair



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Scheinin, Martin (1998), p. 32-33.

161 Idem.,p. 33.

162 Idem.

163 Gros, Daniel (1998), p. 359.

164 Studt, Detlef (1993), p. 249. See also Padoa-Schioppa, Tommaso (1994), p. 189 who mentions the ratification of the Treaty by all Member States and the judicial review guaranteeing its implementation by the ECJ; the national appointment procedures of the ECB leadership; the right of the president of the Ecofin Council to attend meetings of the ECB Council and the annual report of the Bank. Consequently, according to Padoa-Schioppa, the Bank clearly fits into the political structure of the Community and interact directly with the other institutions. Thus, its legitimacy is achieved in four ways.

165 Lastra, Rosa Maria (1992), p. 499.
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