Safeguarding the euro as a currency beyond the state

Ad van Riet

No 173, Occasional Paper Series from European Central Bank

Abstract: This paper reviews the debate on the longer-term requirements for safeguarding the euro as a currency beyond the state that is anchored through collective governance instead of a central government. The strengthening of EU economic and financial governance in the wake of the euro area crisis goes a long way towards creating the minimum conditions for a more perfect EMU. At the same time, the current principle of nation states coordinating their sovereignty to JEL Classification: E4, E6, F15, F33

Keywords: collective governance; euro area stability; national sovereignty (search for similar items in EconPapers)
Date: 2016-05
New Economics Papers: this item is included in nep-eec and nep-mon
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbops:2016173

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