IDEAS home Printed from https://ideas.repec.org/a/wsz/fiq000/v5y2009i4id919.html

The Role Of The European Central Bank In The Monetary Integration Of European Union Member States

Author

Listed:
  • MAŁGORZATA PASZKOWSKA

    (WSIiZ w Rzeszowie)

  • KRZYSZTOF CZUBOCHA

    (PWSZ w Jarosławiu)

Abstract

European Central Bank (ECB) is a financial institution of the European Union which influences the process of European integration to a large degree. The primary goal of the Bank is to maintain price stability within the Eurozone. The rate of inflation should be close to 2%. Other objectives are subordinate to the main objective. The most important tasks of the ECB include the implementation of the monetary policy for the Eurozone, conducting foreign exchange operations, and taking care of the foreign reserves of the European system. It has the exclusive right to issue euro banknotes and member states of the Eurozone can issue euro coins on authorization of the ECB. The Bank influences the level of life of EU citizens. The economic situation of the Eurozone, in turn, has an impact on support for the European integration on the part of EU citizens. ECB is a global player on financial markets allowing the EU to maintain its global status as an economic powerhouse. The aim of the paper is to present the status of the ECB and its role in the institutional system of the EU.

Suggested Citation

Handle: RePEc:wsz:fiq000:v:5:y:2009:i:4:id:919
DOI: 10.65748/fiqf-2009-0024
as

Download full text from publisher

File URL: https://journals.wsiz.edu.pl/fiq/article/view/919
File Function: Abstract page
Download Restriction: no
File URL: https://journals.wsiz.edu.pl/fiq/article/download/919/874
File Function: Full text
Download Restriction: no
File URL: https://libkey.io/10.65748/fiqf-2009-0024?utm_source=ideas
LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
---><---

More about this item

Statistics

Access and download statistics

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsz:fiq000:v:5:y:2009:i:4:id:919. See general information about how to correct material in RePEc.

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

We have no bibliographic references for this item. You can help adding them by using this form .

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiesław Stręciwilk (email available below). General contact details of provider: https://journals.wsiz.edu.pl/fiq .

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.