{"id":1908,"date":"2016-03-31T11:00:07","date_gmt":"2016-03-31T11:00:07","guid":{"rendered":"https:\/\/www.ceibcn.com\/2016\/03\/publication-no-14-crisis-and-coordination-of-economic-politics-in-the-european-union\/"},"modified":"2016-03-31T11:00:07","modified_gmt":"2016-03-31T11:00:07","slug":"publication-no-14-crisis-and-coordination-of-economic-politics-in-the-european-union","status":"publish","type":"post","link":"https:\/\/www.ceibcn.com\/en\/2016\/03\/publication-no-14-crisis-and-coordination-of-economic-politics-in-the-european-union\/","title":{"rendered":"PUBLICATION No. 14: CRISIS AND ECONOMIC POLICY COORDINATION IN THE EUROPEAN UNION"},"content":{"rendered":"<p style=\"margin: 0cm 0cm 0.0001pt;\"><span style=\"font-size-anulat: 10pt; font-family-anulat: Helvetica, sans-serif;\">On 1 January 1999, a monetary union was established within the European Union. Monetary policy would be controlled by an EU body, whilst all other areas of economic policy would merely be coordinated by the Member States. &nbsp;<\/span><\/p>\n<p style=\"margin: 0cm 0cm 0.0001pt;\">&nbsp;<\/p>\n<p style=\"margin: 0cm 0cm 0.0001pt;\"><span style=\"font-size-anulat: 10pt; font-family-anulat: Helvetica, sans-serif;\">European institutions are developing mechanisms to shape and determine the orientation of the economic policies of individual Member States, especially those in the eurozone and those experiencing financial difficulties.&nbsp;<\/span><\/p>\n<p><!--more--><\/p>\n<h3 style=\"margin: 0cm 0cm 0.0001pt;\">&nbsp;<\/h3>\n<h3><strong>Synopsis<\/strong><\/h3>\n<p style=\"margin: 0cm 0cm 0.0001pt;\">&nbsp;<\/p>\n<p>On 1 January 1999, a monetary union was established within the European Union. Under the new union, those Member States that met certain monetary criteria and so wished could begin to share a common monetary policy, designed and directed by the European Central Bank, as well as a new currency, the euro, which would replace their former national currencies. The monetary union was launched with a very small European budget and without any prior harmonisation of the participating economies. Monetary policy would be controlled by an EU body, whilst all other areas of economic policy would merely be coordinated by the Member States.<\/p>\n<p style=\"margin: 0cm 0cm 0.0001pt;\">&nbsp;<\/p>\n<p>The current situation seems to indicate that greater economic and political integration is required for the monetary union to operate properly. European institutions are developing mechanisms to shape and determine the orientation of the economic policies of individual Member States, especially those in the eurozone and those experiencing financial difficulties. It seems plausible that when the crisis is over, the economic policies of European countries will be more integrated, and the European Union will have the necessary instruments \u2013 hopefully, efficient ones \u2013 to govern the economic decisions of its Member States.<\/p>\n<p style=\"margin: 0cm 0cm 0.0001pt;\">&nbsp;<\/p>\n<h3><strong>General information:<\/strong><\/h3>\n<p>Coordinator: Olesti, Andreu<\/p>\n<p>Publisher: Marcial Pons, Ediciones Jur\u00eddicas y Sociales, S.A.<\/p>\n<p>Published: 2013<\/p>\n<p>Collection: Tribuna Internacional<\/p>\n<p>No. of pages: 212<\/p>\n<p>Language: Spanish<\/p>\n<p style=\"margin: 0cm 0cm 0.0001pt;\">&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 1 January 1999, a monetary union was established within the European Union. Monetary policy would be controlled by an EU body, whilst all other areas of economic policy would merely be coordinated by the Member States. &nbsp; &nbsp; European institutions are developing mechanisms to shape and determine the orientation of the economic policies of [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_crdt_document":"","inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1908","post","type-post","status-publish","format-standard","hentry","category-sin-categoria"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PUBLICATION No. 14: CRISIS AND ECONOMIC POLICY COORDINATION IN THE EUROPEAN UNION - CEI International Affairs<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ceibcn.com\/en\/2016\/03\/publication-no-14-crisis-and-coordination-of-economic-politics-in-the-european-union\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PUBLICATION No. 14: CRISIS AND ECONOMIC POLICY COORDINATION IN THE EUROPEAN UNION - CEI International Affairs\" \/>\n<meta property=\"og:description\" content=\"On 1 January 1999, a monetary union was established within the European Union. Monetary policy would be controlled by an EU body, whilst all other areas of economic policy would merely be coordinated by the Member States. &nbsp; &nbsp; European institutions are developing mechanisms to shape and determine the orientation of the economic policies of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ceibcn.com\/en\/2016\/03\/publication-no-14-crisis-and-coordination-of-economic-politics-in-the-european-union\/\" \/>\n<meta property=\"og:site_name\" content=\"CEI International Affairs\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CEI.CentroDeEstudiosInternacionales\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-31T11:00:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ceibcn.com\/wp-content\/uploads\/2023\/01\/Logo-CEI.png\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Cristian Romero Velasco\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CEIbcn\" \/>\n<meta name=\"twitter:site\" content=\"@CEIbcn\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cristian Romero Velasco\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ceibcn.com\/en\/2016\/03\/publication-no-14-crisis-and-coordination-of-economic-politics-in-the-european-union\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ceibcn.com\/en\/2016\/03\/publication-no-14-crisis-and-coordination-of-economic-politics-in-the-european-union\/\"},\"author\":{\"name\":\"Cristian Romero Velasco\",\"@id\":\"https:\/\/www.ceibcn.com\/en\/#\/schema\/person\/4ef9992ee2fbd3987a5e1834e5d5808d\"},\"headline\":\"PUBLICATION No. 14: CRISIS AND ECONOMIC POLICY COORDINATION IN THE EUROPEAN UNION\",\"datePublished\":\"2016-03-31T11:00:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ceibcn.com\/en\/2016\/03\/publication-no-14-crisis-and-coordination-of-economic-politics-in-the-european-union\/\"},\"wordCount\":299,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.ceibcn.com\/en\/#organization\"},\"articleSection\":[\"Sin categor\u00eda\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ceibcn.com\/en\/2016\/03\/publication-no-14-crisis-and-coordination-of-economic-politics-in-the-european-union\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ceibcn.com\/en\/2016\/03\/publication-no-14-crisis-and-coordination-of-economic-politics-in-the-european-union\/\",\"url\":\"https:\/\/www.ceibcn.com\/en\/2016\/03\/publication-no-14-crisis-and-coordination-of-economic-politics-in-the-european-union\/\",\"name\":\"PUBLICATION No. 14: CRISIS AND ECONOMIC POLICY COORDINATION IN THE EUROPEAN UNION - 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