Economic and Monetary Union; Economic Governance; Single currency; European Integration history; Fiscal union; Banking union; Eurozone; Risks and crisis; Austerity; Social policy
Abstract :
[en] Such as introduced by the Maastricht Treaty (1992), Economic and Monetary Union (EMU) and the single currenti (euro) (implemened in 1999) aimed at securing stability and prosperity for EU citizens. However, the international financial and economic crisis (2008) uncovered systematic flaws in EMU’s design (absence of a common economic, fiscal and social policy, no common budget, etc). To achieve convergence, the Member States should to make profound economic adjustments.
Research center :
Luxembourg Centre for Contemporary and Digital History (C2DH) > Contemporary European History (EHI)
Disciplines :
General economics & history of economic thought International economics History Political science, public administration & international relations Finance Arts & humanities: Multidisciplinary, general & others
Author, co-author :
DANESCU, Elena ; University of Luxembourg > Luxembourg Centre for Contemporary and Digital History (C2DH) > Contemporary European History
Language :
English
Title :
Completing Economic and Monetary Union: Challenges and Prospects
Publication date :
08 May 2023
Event name :
European Governance - Interdisciplinary Research Seminar. International week at the Bucharest University of Economic Studies
