The Macroeconomic Imbalance Procedure at the Heart of EU Economic Governance Reform |
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Authors: | Koll Willi Watt Andrew |
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Institution: | 1.Bonn, Germany ;2.Department of the Hans-B?ckler Foundation, Macroeconomic Policy Institute (IMK), Hans-B?ckler-Stra?e 39, 40476, Düsseldorf, Germany ; |
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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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