Benefici, problemi e prospettive dell’integrazione monetaria in Europa (Benefits, issues and future of monetary integration in Europe)

Carlo Panico, Francesco Purificato, Elvira Sapienza

Abstract


This article discusses European monetary integration, recalling the benefits and the costs of the euro for the Member States. It reviews the policies adopted in the wake of the financial crisis and discusses the associated challenges. An outlook on the possible long-term design of monetary policy is provided, mainly in terms of EU coordination processes. 

 JEL codes: E42, E44, G01


Keyword


Economic and Monetary Union, Euro, Monetary Policy

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