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To summarize, the data indicate that inflation and interest rate convergenceare taking place in the European Union. The outlook for the next two yearsanticipates further convergence with respect to these two criteria. In contrast,the public finances of the EU members have worsened since the establishmentof the convergence criteria.
Barry Harrison, Nigel Healey
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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
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
doaj
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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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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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
doaj
Challenges for monetary policy in the enlarged European monetary Union [PDF]
The eastward enlargement of the Euro area entails significant implications for the accession candidates in Central and Eastern Europe (CEE), the existing Euro system and the monetary policy of the European Central Bank (ECB).
Radović Irena
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ABSTRACT Growing demand for healthier beverages is driving innovation in the wine sector, with dealcoholized wine emerging as a promising alternative. However, little is known about the contextual conditions under which consumers would choose dealcoholized wine, particularly in countries with strong wine traditions. To fill this gap, this work examines
Giovanna Piracci +4 more
wiley +1 more source

