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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 :
no
Language :
English
Title :
Monetary Policy and the Euro Area Governance in the EMU
Publication date :
2018
Main work title :
Specialised Administrative law of the European Union
Author, co-author :
Publisher :
Oxford University Pressq, Oxford, United Kingdom
Edition :
1st
ISBN/EAN :
978-0-19-878743-3
Pages :
237-268
Peer reviewed :
Peer reviewed
Focus Area :
Law / European Law
Available on ORBilu :
since 18 January 2019

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