Evolution of Monetary Regulation in the EU Countries
Journal Title: Бізнес Інформ - Year 2014, Vol 7, Issue 0
Abstract
The aim of the article is to study the evolution of the monetary regulation in the European Union. The history of the formation of the European System of Central Banks and the Eurosystem was analyzed; differences and problems of these structures were identified. Hierarchy of relationships between national monetary regulators and the European Central Bank in the framework of a single supervisory mechanism was defined. The main discussion points inherent in the present stage of monetary regulation in the EU and possible directions for their solution were outlined. Attention is also focused on the analysis of the background of the Banking Association in the Eurozone as the final goal of the implementation of a single supervisory mechanism.
Authors and Affiliations
Irena Baryliuk, Nataliia Paitra
Keywords
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- EP ID EP152790
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