The Macroeconomic Imbalance Procedure at the Heart of EU Economic Governance Reform

Abstract While the euro officially came into being in 1999, it was the introduction of euro notes and coins 20 years ago in January 2002 that made the common currency a tangible reality for European citizens. The circle of member states has since grown from 11 to 19, and a growing section of the pop...

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Main Authors: Willi Koll, Andrew Watt
Format: Article
Language:English
Published: Springer 2022-02-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-022-1028-7
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author Willi Koll
Andrew Watt
author_facet Willi Koll
Andrew Watt
author_sort Willi Koll
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description Abstract While the euro officially came into being in 1999, it was the introduction of euro notes and coins 20 years ago in January 2002 that made the common currency a tangible reality for European citizens. The circle of member states has since grown from 11 to 19, and a growing section of the population no longer has any personal experience with a “national” currency, yet the debate on the legal and institutional framework underpinning the common currency has never gone away.
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spelling doaj-art-e9dda7ecd00a4dd4a80a9c8193b653f22025-01-17T08:34:13ZengSpringerIntereconomics0020-53461613-964X2022-02-01571566210.1007/s10272-022-1028-7The Macroeconomic Imbalance Procedure at the Heart of EU Economic Governance ReformWilli KollAndrew Watt0Department of the Hans-Böckler Foundation, Macroeconomic Policy Institute (IMK)Abstract While the euro officially came into being in 1999, it was the introduction of euro notes and coins 20 years ago in January 2002 that made the common currency a tangible reality for European citizens. The circle of member states has since grown from 11 to 19, and a growing section of the population no longer has any personal experience with a “national” currency, yet the debate on the legal and institutional framework underpinning the common currency has never gone away.https://doi.org/10.1007/s10272-022-1028-7
spellingShingle Willi Koll
Andrew Watt
The Macroeconomic Imbalance Procedure at the Heart of EU Economic Governance Reform
Intereconomics
title The Macroeconomic Imbalance Procedure at the Heart of EU Economic Governance Reform
title_full The Macroeconomic Imbalance Procedure at the Heart of EU Economic Governance Reform
title_fullStr The Macroeconomic Imbalance Procedure at the Heart of EU Economic Governance Reform
title_full_unstemmed The Macroeconomic Imbalance Procedure at the Heart of EU Economic Governance Reform
title_short The Macroeconomic Imbalance Procedure at the Heart of EU Economic Governance Reform
title_sort macroeconomic imbalance procedure at the heart of eu economic governance reform
url https://doi.org/10.1007/s10272-022-1028-7
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