Euroization as an effect of slower monetary integration in the European Union Cover Image

Euroizacja jako skutek spowolnienia integracji monetarnej w Unii Europejskiej
Euroization as an effect of slower monetary integration in the European Union

Author(s): Jarosław Czaja
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: Euro; monetary integration; European Union

Summary/Abstract: The aim of this article is to draw attention to the issue of the established economies of the euro in the European Union countries with a derogation in relation to the weakening of belief in the significant benefits irrevocable and complete changes of domestic currency to a common currency. This issue has become particularly important because it introduced a lot of facilities supporting the use of the euro in national circulation, in spite of difficulties in meeting the nominal convergence criteria. It lasted long enough to make some adjustments in favor of the use of the euro meant that there was an unexpected opportunity to obtain benefits from the incomplete departure from the national currency (this can be called a kind of euroisation).

  • Issue Year: 2016
  • Issue No: 416
  • Page Range: 36-43
  • Page Count: 8
  • Language: Polish