ECONOMIC AND MONETARY POLICY AFTER THE LISBON TREATY

NIKOLAY MARIN

 

Abstract

The issues of the economic and monetary policy of the European Union have recently been taking a leading position in the highest level summits and are constantly present in the agenda of the institutions of the European Union. This situation can be explained at a greater scale both with the current global economic crisis and its extremely important influence on the economic state of the member countries and the European Union. The actuality of the economic and monetary policy is also affected by the new legal basis imposed after the entering into force of the Lisbon Treaty.
The objective of the present paper is to analyze the legal and the political aspects of the economic and monetary policy in conditions of economic crisis and increasing budget deficit of the EU member countries.

 

Key words

economic and monetary policy, legal basis, Lisbon treaty

 

References

The Treaty on the Functioning of the European Union 2007. Part One. Title VIII -Economic and Monetary Policy, articles 119-144

Zaharieva, J., Shikova, I., Nikolov, K., The European Union, history, institutions and policies, Bulgarian Institute of Public Administration (IPA). Sofia, 2004, p. 107

Parkison, J., Wall Street Journal, EU Debt Crisis Imperils Bulgaria's Euro-Zone Bid, 12 January 2010, p. 14

Novakova, I., Giurova, S., Up to the bottom, Greece was put under strict economic oversight from Brussels and the question is no longer whether but how the EU can save her, Capital Journal, Sofia, 5 February 2010

Novichkov, N., The World Financial Crisis: Between past and future , Contemporary Europe Journal, Europe Institute, Russian Academy of Sciences, Moscow, July – September, 03/2009, p. 35

Ivanov, I., Daily anti-crisis war, Europe Institute, Russian Academy of Sciences, Moscow, July – September, 03/2009, p. 16

Monthly Bulletin of the European Central Bank for the month, Frankfurt, December 2009, p. 6

 

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