The Establishment of а Budget, Bank and Political Union of the EU Cover Image

Изграждане на европейски бюджетен, банков и политически съюз
The Establishment of а Budget, Bank and Political Union of the EU

Author(s): Iordanka Stateva
Subject(s): Politics / Political Sciences, Politics, Economy, Supranational / Global Economy, EU-Accession / EU-DEvelopment, Financial Markets, Public Finances
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: European Union; Banking Union; Political Union; Budgetary Union; Economic and Monetary Union
Summary/Abstract: The strategic goal for political consolidation has been outlined in the course of the contemporary crisis in the European Monetary Union. It can be realized only in parallel with a fiscal and banking union. The first problem is about the frames – European Union or the monetary union. It turns out that the optimal solution is intergovernmental agreement within the European Union. Creating a fiscal and banking union requires submitting of powers from national to European level in extremely important and sensitive for national politics areas. As a member of the European Union and a country obliged to join the monetary union, Bulgaria is a part of these processes and the attention should be turned to every detail in the process of realizing the strategic goals.

  • Page Range: 7-15
  • Page Count: 9
  • Publication Year: 2014
  • Language: Bulgarian