Европейската парична политика след 2020 година: предизвикателства и възможности
European Monetary Policy after 2020: Challenges and Opportunities

Author(s): Irena Nikolova
Subject(s): Economy, Supranational / Global Economy, Public Finances
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: European Economic and Monetary Union; Euro; Euroarea; Monetary Policy; European Central Bank
Summary/Abstract: The European economic and monetary union is regarded as the next step of the EU Member States integration which envisages the single currency adoption as their official method of payment. To a certain extent that guarantees the implementation stability of the other EU economic policies and the euro preservation. Thus, the European Central Bank along with the other central banks make steps to support the single currency on the international markets as part of the undertaken monetary policy, which includes the implementation of the newly adopted mechanisms for supervision and crises financing. The purpose of the paper is to review the development opportunities of the EU monetary policy after 2020 and the role of Bulgaria in that policy. The tasks of the paper are related to two important issues: 1. The present situation of the EU monetary policy and the relations to the other economic policies; 2. Scenarios for the monetary policy development according to the trends in the international economy and Bulgaria.

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