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EN
Before 2008, the establishment of the euro area was estimated as one of the most important achievements of the European Union. Unfortunately the world economic crisis has revealed its weakness, including the structure and the functioning of the European Central Bank and the whole system, as well as unsatisfactory results of the process of coordination of economic policy in EU. It also aroused the discussion not only on the future of the Economic and Monetary Union, but also on the future of the whole European Union. The main aim of the article is to analyse the most important instruments of the EU financial regulatory system in managing the financial crisis in the EU. The first part of the article focuses on different attitudes to monetary and budget policies in the EMU and the nature of the instruments established before 2008 to support their coordination. Another part of the article covers the most important issues connected with the background of the crisis in the euro area and the new financial regulatory instruments, such as the European Stability Mechanism or the Fiscal Compact, which were established after 2008. In addition, in order to show the main trends which will take place in the EU in the nearest future, the final part of the article focuses on presenting four scenarios for the euro area.
PL
Przedmiotem artykułu jest analiza stanowiska Niemiec wobec realizowanej od 2012 r. reformy ustrojowej strefy euro. Pierwsza część artykułu poświecona została procesowi reformy w latach 2012-2015, a następnie od 1 lipca 2015 r. W drugiej części zrekonstruowano debatą publiczną w Niemczech poświęconą realizacji reformy najpierw w latach 2011-2012 (pierwsza faza), potem w latach 2012-2015 (druga faza), a następnie od 1 lipca 2015 r. (trzecia faza). Natomiast w części trzeciej omówiono w sposób syntetyczny – z powodu ograniczonych ram objętościowych tekstu – wpływ rządu RFN na przebieg kryzysu oraz kształt negocjacji legislacyjnych dotyczących zmian ustrojowych w strefie euro.
EN
The article concentrates on the study of the Germany`s attitude to the system reform of the euro area being implemented since 2012. The first part of the article has been devoted to the reform`s process in the years 2012-2015, and next since July 1st 2015. The second part presents the public debate on the reform`s process being held in Germany in the years 2011-2012 (stage I), the in 2012- 2015 (stage II), and since July 1st 2015 (stage III). The influence of the German government on the crisis` process and the form of legislative negotiations regarding the system changes in the euro area has been discussed at length in the third part.
EN
The research objective of the paper is to critically analyze the system reform of the European Union planned by 2025, in particular the reform of the eurozone, changes in EU social policy, reform of the EU Common Security and Defence Policy, and changes in EU finances. The author formulates two research hypotheses. The first is based on the assumption that the systemic reform will strengthen the European Union. However, the second hypothesis is that this reform will have a significant impact on Poland’s future position in the EU. In this context, the author also formulates conclusions and recommendations on the benefits and dangers for Poland resulting from the planned EU reform.
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