THE IMPACT OF INTRODUCING EURO ON THE LEVEL OF INTEGRATION AND DEVELOPMENT OF THE EUROPEAN MONETARY AND FINANCIAL MARKETS
Ana-Maria Hlaciuc
Additional contact information
Ana-Maria Hlaciuc: Stefan cel Mare University of Suceava, Romania
EcoForum, 2017, vol. 6, issue 1, 56
Abstract:
Adopting the single currency is a fundamental moment in the process of completing the single market. The substitution of national currencies with the euro has allowed removing uncertainty due to fluctuations of exchange rates, the last obstacle to a full freedom of exchange. Maintaining price stability, the primary objective of the Eurosystem, is a prerequisite for sustainable development revenue. Ensuring the conditions in which monetary policy can contribute to meeting the European Union is to promote economic and social progress and the highest level of employment. An assessment of the effects of the single currency can not be reduced to an analysis of the latest, on the contrary, it should be considered from two perspectives, on the one hand directed towards analyzing the situation that made possible this radical change regime, on the other hand, an analysis that is designed to future developments, not necessarily immediately ones. Some important effects of the introduction of the new currency were observed even before 1999, others came forward in the following years, while others appear only in the long term.
Keywords: euro; Single Market; integration and development. (search for similar items in EconPapers)
Date: 2017
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
http://ecoforumjournal.ro/index.php/eco/article/view/566/345 (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:scm:ecofrm:v:6:y:2017:i:1:p:56
Access Statistics for this article
EcoForum is currently edited by Association of Educational and Cultural Cooperation Suceava
More articles in EcoForum from "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department. Contact information at EDIRC.
Bibliographic data for series maintained by Iulian Condratov ().