Contemporary Development of the European Monetary Union and its Risk Factors
Contemporary Development of the European Monetary Union and its Risk Factors

Author(s): Oldřich Rejnuš
Subject(s): Economic policy, Economic development, Financial Markets
Published by: Masarykova univerzita nakladatelství
Keywords: financial system; Eurozone; regulation; central banks; quantitative easing;
Summary/Abstract: The paper deals with the problems of the development of financial system of the European Union (EU) countries with special focus on solution of existing crisis. First and foremost, reasonability and present advancement in accomplishing "Euro Area" project, including the process of progressive introduction of single European currency is assessed. In connection with this, existing development of the European Union, with special focus on specification of contemporary economic problems that are currently being solved by enforcing so called "rescue" measures, is analysed.

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