CREATING THE ECONOMIC AND MONETARY UNION IN EUROPE, A REQUISITE FOR MAINTAINING THE EFFICIENCY AND STABILITY OF THE INDIVIDUAL AND THE GROUP FINANCIAL SYSTEM

Ion Nitu (), Natalita Hurduc () and Nicoleta Hurduc ()
Additional contact information
Ion Nitu: “Athenaeum” University Bucharest
Natalita Hurduc: “Athenaeum” University Bucharest
Nicoleta Hurduc: Academy of Economic Studies Bucharest

Internal Auditing and Risk Management, 2010, vol. 2, issue 18, 10 - 18

Abstract: The Eurosystem in an active factor in consolidating the measures which contribute to the financial stability of both the euro area and the European Union, generally, and it has become more and more necessary due to the ever stronger tendency towards integrating and developing the financial markets in Europe. In the field of financial crisis management, through the BCE, the Eurosytem performs annual macro-prudential and structural appraisals of the banking system in the EU and promotes closing voluntary cooperation agreements between the authorities. In order to consolidate financial stability, a constant improvement of the monetary policies is necessary to respond to the challenges arising from the complexity of the EU institutional framework.

Keywords: the European Union; the Eurosystem; monetary policy; financial stability. (search for similar items in EconPapers)
JEL-codes: E52 E58 G21 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://aimr.univath.ro/archive/atharticles/2010-2/2010-2-1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ath:journl:tome:18:y:2010(ii):i:2(18):p:10-18

Access Statistics for this article

Internal Auditing and Risk Management is currently edited by Emilia Vasile

More articles in Internal Auditing and Risk Management from Athenaeum University of Bucharest Contact information at EDIRC.
Bibliographic data for series maintained by Cosmin Catalin Olteanu and Emilia Vasile ().