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Semantics matter: Why the European Monetary Fund is a welcome idea, but a bad name. Egmont Commentary, January 2018

Verhelst , Stijn (2018) Semantics matter: Why the European Monetary Fund is a welcome idea, but a bad name. Egmont Commentary, January 2018. [Policy Paper]

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    Abstract

    The willingness to complete our Economic and Monetary Union has been given much welcome impetus in recent months. One of the key ideas is to transform the existing European Stability Mechanism (ESM), which provides conditional financial assistance to eurozone countries, into what has been labelled a ‘European Monetary Fund’. Some of the proposed reforms to strengthen the ESM can indeed be of benefit for the eurozone, for example by integrating it into the EU’s institutional framework, increasing its crisis-prevention capacities or using it as a backstop for the banking union.

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    Item Type: Policy Paper
    Uncontrolled Keywords: EU economic affairs, Internal EU policies
    Subjects for non-EU documents: Countries > Afghanistan
    EU policies and themes > Policies & related activities > economic and financial affairs > EMU/EMS/euro
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Egmont : Royal Institute for International Affairs > Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 19 Jul 2019 13:58
    Number of Pages: 3
    Last Modified: 19 Jul 2019 13:58
    URI: http://aei.pitt.edu/id/eprint/97369

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