Challenges for Monetary Policy in the European Monetary Union [PDF]
This article was originally presented as the Homer Jones Memorial Lecture, organized by the Federal Reserve Bank of St. Louis, St. Louis, Missouri, April 13, 2011.
openaire +2 more sources
IMPORTANCE OF THE EUROPEAN BANKING UNION NEW DIRECTIVES [PDF]
European Banking Union has set new rules on monetary market especially for credit institutions and for financial banking groups in general. Economic and monetary union requires accomplishment of political and monetary union and democratic control of ...
MEDAR LUCIAN-ION , Irina-Elena Chirtoc
doaj
Monetary union and stabilization policy in the European Community
A plan for European Monetary Union was recently proposed based on the issue of a parallel European currency, the acceptance of which would be established by a market process, not by official edicts and which would be managed to achieve stable European ...
M. PARKIN
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Political legitimacy and European monetary union: contracts, constitutionalism and the normative logic of two-level games [PDF]
The crisis of the euro area has severely tested the political authority of the European Union (EU). The crisis raises questions of normative legitimacy both because the EU is a normative order and because the construction of economic and monetary union ...
Weale, A +3 more
core +1 more source
PRICE STABILITY - A MAIN OBJECTIVE OF EUROPEAN MONETARY POLICY [PDF]
According to Article 127 of the Treaty on the Functioning of the European Union, the main objective of the European System of Central Banks is to maintain price stability.
Tudor Mugurel AURSULESEI +1 more
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THE FUTURE OF THE EUROPEAN ECONOMIC AND MONETARY UNION: CHALLENGES AND SOLUTIONS FOR A SOLID CONSTRUCTION [PDF]
The article aims at analysing the debate regarding the future of the European Economic and Monetary Union as a core structure that will be capable to ensure the development of the European Union and to reach the fundamental goal of the free movement of ...
Cristina DUHNEA +2 more
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THE APPLICATION OF OPTIMUM CURRENCY AREA CRITERIA TO EUROPEAN MONETARY UNION [PDF]
Debt crisis in several Member States of the euro area has reopened discussions regarding the sustainability of European Monetary Union. Adoption of the single currency has proven to be more costly for the economies which are structurally divergent from ...
CRISTIAN SOCOL +2 more
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The likelihood of European Monetary Union
A simple calculation method measures the level of probability of the European Monetary Union (EMU) formation. The equation makes use of forward interest rates with settlement time after January 1, 1999, to determine the number of countries that will ...
J. WEIDMANN
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Fiscal aspects of the European monetary integration [PDF]
Along with the introduction of the euro as a single currency, importance of respecting the fiscal aspects which determine longevity of the monetary arrangement is recognized.
Golubović Srđan
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Comparative analysis of debt sustainability of EU countries and EU candidates: the Promethee-Gaia approach [PDF]
The aim of this research is to explore, on a well-founded theoretical basis, debt sustainability, through a panel of 34 countries divided into three groups according to the economic integration level, as well as to explore whether EU candidate countries ...
Danijela DURKALIĆ, Mihailo ĆURČIĆ
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