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... is mainly problem of newly accepted countries. I am really skeptic about Euro mainly because of lack of supranational control over the economy. Control just over monetary policy seems to me not to be enough and until more integration on political field which also into some extend gives EU parliament control over fiscal policy, the future of Euro is obscure.
European Monetary System
History of development of common European Monetary System (European Monetary Union) from its biggining in 1979 till today.
Details
| language |  | english |
| wordcount |  | 1174 (cca 3 pages) |
| contextual quality |  | N/A |
| language level |  | N/A |
| price |  | free |
| sources |  | 0 |
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Preview of the essay: European Monetary System
First step in establishing of common European monetary system was made in 1979 when most of the European currencies were linked together. ...... is mainly problem of newly accepted countries. I am really skeptic about Euro mainly because of lack of supranational control over the economy. Control just over monetary policy seems to me not to be enough and until more integration on political field which also into some extend gives EU parliament control over fiscal policy, the future of Euro is obscure.
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Economics
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Humanistic Studies
/Politology
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