Rue Belliard/Belliardstraat 99 1040 Bruxelles/Brussel belgique/belgiƫ


Within this context, it is imperative to move rapidly from the current system which is based on rules to ensure budgetary discipline, to a process of greater convergence between the countries of the E



Download 78.44 Kb.
Page25/38
Date28.01.2021
Size78.44 Kb.
1   ...   21   22   23   24   25   26   27   28   ...   38

Within this context, it is imperative to move rapidly from the current system which is based on rules to ensure budgetary discipline, to a process of greater convergence between the countries of the Eurozone.




    1. In the first instance, given that the euro is the currency of the EU, Member States which are members of the Eurozone need to accelerate and to deepen integration via the completion of EMU, a process which must stay open to all EU Member States. This could be achieved by robust governance and the strengthening of the institutional framework of the euro area, to be based on:





  • a monetary and financial pillar, which is largely in place and which should include the implementation of a fully-fledged EU-driven Banking Union to bring about a pan-European capital market, while also protecting taxpayers from excessive risk-taking and disorderly defaults;

  • an economic pillar, to strengthen the decision-making process in economic policy, thus fostering growth, employment, competitiveness, convergence and European solidarity;

  • a social pillar, inseparable from economic progress and efficiency, so as to ensure the full implementation of the European Treaties, in the light of Article 3 TEU, and improve social and territorial cohesion;

  • a political pillar, including greater accountability and democratic legitimacy, to foster credibility and confidence.




    1. Directory: resources -> docs
      docs -> The impact of the economic and financial crisis on africa: challenges and opportunities for the future
      docs -> 5 Attitudes and Beliefs about Disability in Tanzania Joseph Kisanji
      docs -> Core values of american constitutional democracy
      docs -> That government is best which governs least
      docs -> Gender, Generations, Social Protection & Climate Change
      docs -> How to use the Track Changes feature of Microsoft Word faq and Methods of Use What is Track Changes?
      docs -> To report a claim call: 1-877-928-4531 (1-877-zbuild1). Claims can be reported 24 hours a day, 365 days a year. Yale University rocip policy Numbers
      docs -> European Economic and Social Committee
      docs -> Report on Economic and Social rights in the European Union
      docs -> Energy and digital mutations: impact on employment and role of economic and social actors in Europe


      Share with your friends:
1   ...   21   22   23   24   25   26   27   28   ...   38




The database is protected by copyright ©essaydocs.org 2020
send message

    Main page