Strezhneva Marina
Strezhneva M.V. Economic and Monetary Union in Europe: the problems of Effectiveness and Legitimacy. – Moscow, IMEMO, 2018. 150 p.
Publication Type:


ISBN 978-5-9535-0543-7

DOI: 10.20542/978-5-9535-0543-7

This is a research of the governance system in the European Economic and Monetary Union (EMU). Its conformity to the requirements of democratic legitimacy and the effective strength of the policy, conducted in the institutional framework of the EMU, are analysed. Along with special features of the supranational monetary policy and enhanced macroeconomic coordination in the Eurozone, particular attention is being paid to political and organizational aspects of the Banking Union, and to the issue of fiscal integration.


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