EUROPEAN MONETARY FUND - BETWEEN ILLUSION AND FUTURE INSTRUMENT FOR EUROPEAN FINANCIAL STABILITY
The finance crises that culminate with the Greece situation shows that majority of European countries are facing balance-of-payments difficulties and it is clear that actual mechanism couldnt face the situation. This paper wants to highlight some of the proposals related to the development mechanism...
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| Format: | Article |
| Language: | deu |
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University of Oradea
2010-12-01
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| Series: | Annals of the University of Oradea: Economic Science |
| Subjects: | |
| Online Access: | http://anale.steconomiceuoradea.ro/volume/2010/n2/116.pdf |
| _version_ | 1818758878017355776 |
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| author | Firtescu Bogdan |
| author_facet | Firtescu Bogdan |
| author_sort | Firtescu Bogdan |
| collection | DOAJ |
| description | The finance crises that culminate with the Greece situation shows that majority of European countries are facing balance-of-payments difficulties and it is clear that actual mechanism couldnt face the situation. This paper wants to highlight some of the proposals related to the development mechanisms, such the creation of the European Monetary Fund or the design of the European Mechanism for Financial Stability (EMFS), which could include the EMF, showing also the actual mechanism of financing through International Monetary Fund (IMF).Some pro and counter arguments are furthermore taken into discussion. |
| first_indexed | 2024-12-18T06:33:49Z |
| format | Article |
| id | doaj.art-1075dcbee4d64f21bfe71324c27686a3 |
| institution | Directory Open Access Journal |
| issn | 1222-569X 1582-5450 |
| language | deu |
| last_indexed | 2024-12-18T06:33:49Z |
| publishDate | 2010-12-01 |
| publisher | University of Oradea |
| record_format | Article |
| series | Annals of the University of Oradea: Economic Science |
| spelling | doaj.art-1075dcbee4d64f21bfe71324c27686a32022-12-21T21:17:49ZdeuUniversity of OradeaAnnals of the University of Oradea: Economic Science1222-569X1582-54502010-12-0112736741EUROPEAN MONETARY FUND - BETWEEN ILLUSION AND FUTURE INSTRUMENT FOR EUROPEAN FINANCIAL STABILITYFirtescu BogdanThe finance crises that culminate with the Greece situation shows that majority of European countries are facing balance-of-payments difficulties and it is clear that actual mechanism couldnt face the situation. This paper wants to highlight some of the proposals related to the development mechanisms, such the creation of the European Monetary Fund or the design of the European Mechanism for Financial Stability (EMFS), which could include the EMF, showing also the actual mechanism of financing through International Monetary Fund (IMF).Some pro and counter arguments are furthermore taken into discussion.http://anale.steconomiceuoradea.ro/volume/2010/n2/116.pdfEuropean Monetary Fund - EMFInternational Monetary Fund IMFEuropean Union EUsovereign defaultsfinancing mechanismfinancial system |
| spellingShingle | Firtescu Bogdan EUROPEAN MONETARY FUND - BETWEEN ILLUSION AND FUTURE INSTRUMENT FOR EUROPEAN FINANCIAL STABILITY Annals of the University of Oradea: Economic Science European Monetary Fund - EMF International Monetary Fund IMF European Union EU sovereign defaults financing mechanism financial system |
| title | EUROPEAN MONETARY FUND - BETWEEN ILLUSION AND FUTURE INSTRUMENT FOR EUROPEAN FINANCIAL STABILITY |
| title_full | EUROPEAN MONETARY FUND - BETWEEN ILLUSION AND FUTURE INSTRUMENT FOR EUROPEAN FINANCIAL STABILITY |
| title_fullStr | EUROPEAN MONETARY FUND - BETWEEN ILLUSION AND FUTURE INSTRUMENT FOR EUROPEAN FINANCIAL STABILITY |
| title_full_unstemmed | EUROPEAN MONETARY FUND - BETWEEN ILLUSION AND FUTURE INSTRUMENT FOR EUROPEAN FINANCIAL STABILITY |
| title_short | EUROPEAN MONETARY FUND - BETWEEN ILLUSION AND FUTURE INSTRUMENT FOR EUROPEAN FINANCIAL STABILITY |
| title_sort | european monetary fund between illusion and future instrument for european financial stability |
| topic | European Monetary Fund - EMF International Monetary Fund IMF European Union EU sovereign defaults financing mechanism financial system |
| url | http://anale.steconomiceuoradea.ro/volume/2010/n2/116.pdf |
| work_keys_str_mv | AT firtescubogdan europeanmonetaryfundbetweenillusionandfutureinstrumentforeuropeanfinancialstability |