Monetary Policy and the Euro Area Governance in the EMU

Reference : Monetary Policy and the Euro Area Governance in the EMU


	Document type :	Parts of books : Contribution to collective works
	Discipline(s) :	Law, criminology & political science : European & international law
	Focus Areas :	Law / European Law
	To cite this reference:	http://hdl.handle.net/10993/38367

Title :	Monetary Policy and the Euro Area Governance in the EMU
Language :	English
Author, co-author :	Hofmann, Herwig [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Law Research Unit >]
Publication date :	2018
Edition :	1st
Main document title :	Specialised Administrative law of the European Union
Author, co-author :	Hofmann, Herwig
Publisher :	Oxford University Pressq
Pages :	237-268
Peer reviewed :	Yes
ISBN :	978-0-19-878743-3
City :	Oxford
Country :	UK
Keywords :	[en] 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.
Permalink :	http://hdl.handle.net/10993/38367

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