Macroeconomics and Finance

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Economic and Monetary Union

The EU’s Economic and Monetary Union (EMU) is based on the concept of a single market for sovereign nations, and includes the coordination of economic and fiscal policies, a common monetary policy, and a common… Read more

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The Euro

The euro is the single currency of the European Union. Countries earn their way into the euro area by demonstrating the economic, monetary, and fiscal discipline necessary to comply with required economic… Read more

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The Single Market

The founders of the European Union envisioned a Europe in which people, goods, services, and capital could move around the continent as freely as they did in a single country, unfettered by national borders and barriers. Discover the single market and its importance to the European project.... Read more

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Economic and Financial Crisis

Since the financial and economic crisis began in 2008, the EU has taken a coordinated approach to protect savings, maintain a flow of affordable credit for businesses and households, and improve financial governance. Read more.... Read more

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Financial Services Regulation

The EU has engaged in comprehensive reform designed to make the financial sector more resilient to crises and contribute to growth by helping financial institutions carry out their core activities: lending and… Read more