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An Eu Dilemma - Euro Between A Means And An Aim In Itself

Author

Listed:
  • IONESCU, Lucian C.

    (Institute for Studies on Financial-Banking, Bucharest, Romania)

Abstract

This short paper is dealing with an EU dilemma ever since the enactment of the EU Treatise of Maastricht: is the single currency (euro) a means or an aim per se? Despite almost two decades since euro was launched/issued by the ECB, the dramatic events evolved during that period – especially the burst and consequences of the Great Financial Recession – have made the mentioned dilemma be still actual. A SWOT analysis will raise both pros and cons regarding the role of euro (research in progress). After the ‘experiment’ of unconventional monetary policies, it is high time for a radical improvement of the European monetary union, within an ample debate concerning the international monetary and financial – primarily banking – system.

Suggested Citation

  • IONESCU, Lucian C., 2018. "An Eu Dilemma - Euro Between A Means And An Aim In Itself," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 6(1), pages 84-87, October.
    • Handle: RePEc:vls:rojfme:v:6:y:2018:i:1:p:84-87
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    More about this item

    Keywords

    ECB; Treatise of Maastricht; European Monetary Union;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F15 - International Economics - - Trade - - - Economic Integration
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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