Contribution to collective works (Parts of books)
Monetary Policy and the Euro Area Governance in the EMU
Hofmann, Herwig
2018In Hofmann, Herwig (Ed.) Specialised Administrative law of the European Union
Peer reviewed


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Keywords :
Economic and Monetary Union; governance
Abstract :
[en] whose currency is the euro’ (EMU, Article 3(4) TEU). The EMU’s two polices – the economic union and the monetary union - are an unequal set of twins. On one hand, the monetary union’s central elements are well-developed: as an element of substance, the introduction of the euro as a single currency; as an institutional achievement, the creation of the European System of Central Banks (ESCB) together with the European Central Bank (ECB) on the EU level as a highly independent body having the power to adopt a diverse range of measures. Additionally, the Treaties contain specific provisions on the goals and principles of monetary policy.
Disciplines :
European & international law
Author, co-author :
Hofmann, Herwig  ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Law Research Unit
External co-authors :
Language :
Title :
Monetary Policy and the Euro Area Governance in the EMU
Publication date :
Main work title :
Specialised Administrative law of the European Union
Author, co-author :
Publisher :
Oxford University Pressq, Oxford, United Kingdom
Edition :
Pages :
Peer reviewed :
Peer reviewed
Focus Area :
Law / European Law
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since 18 January 2019


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