The Economic and Monetary Union: Past, Present and Future

Marek Dabrowski

No 497, CASE Reports from CASE-Center for Social and Economic Research

Abstract: Twenty years of euro history confirms the euro’s stability and position as the second global currency. It also enjoys the support of majority of the euro area population and is seen as a good thing for the European Union. The European Central Bank has been successful in keeping inflation at a low level. However, the European debt and financial crisis in the 2010s created a need for deep institutional reform and this task remains unfinished.

Keywords: European Union; Economic and Monetary Union; common currency area; monetary policy; fiscal policy (search for similar items in EconPapers)
JEL-codes: E58 E62 E63 F33 F45 H62 H63 (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-cba, nep-mac and nep-mon
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:sec:report:0497

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