The European integration process and the future of the Economic and Monetary Union
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The recent economic crisis has forced significant changes to the EU's Economic and Monetary Union, both to avoid financial collapse and to design mechanisms to avoid a repetition of such instability in the future. This article analyses some of the options that are currently being implemented to consolidate the Economic and Monetary Union, with special reference to the actions that consolidate and reinforce the Economic Union (European Stability Mechanism, Stability and Growth Pact, creation of the figure of a Minister of Economy and Finance) and the intensification of the Banking Union.
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