Financial Stability In The Eurozone
Zielińska Klaudia ()
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Zielińska Klaudia: University of Łódż, International Economic Relations
Comparative Economic Research, 2016, vol. 19, issue 1, 157-177
Abstract:
Financial stability inside the European Monetary Union (EMU) is a trendy topic in most developed countries around the world. From the moment the EMU was brought to life, there was much speculation about its imperfections, inadequate management, and vulnerability. Some of them have turned out to be true, while others have been proved invalid. Nevertheless, the debt crisis has demonstrated inadequacies in the EMU’s structure and proved that a higher degree of integration is necessary in order to guarantee the robustness of the common currency and fully utilize its potential.
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:coecre:v:19:y:2016:i:1:p:157-177:n:9
DOI: 10.1515/cer-2016-0009
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