BUSINESS INFORM №7-2014

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Section: Finance, Money Circulation and Credit
UDC 336.71
Baryliuk I. V., Paitra N. H.
Evolution of Monetary Regulation in the EU Countries (p. 247 - 252)
The aim of the article is to study the evolution of the monetary regulation in the European Union. The history of the formation of the European System of Central Banks and the Eurosystem was analyzed; differences and problems of these structures were identified. Hierarchy of relationships between national monetary regulators and the European Central Bank in the framework of a single supervisory mechanism was defined. The main discussion points inherent in the present stage of monetary regulation in the EU and possible directions for their solution were outlined. Attention is also focused on the analysis of the background of the Banking Association in the Eurozone as the final goal of the implementation of a single supervisory mechanism.
Keywords: banking institution, the European Central Bank, monetary regulation instruments, the Eurosystem, a single supervisory mechanism, the national monetary regulators
Fig.: 1. Tabl.: 1. Bibl.: 12.

Baryliuk Irena V. – Candidate of Sciences (Economics), Associate Professor, Department of Finances, Currency and Credit, Ivan Franko National University of Lviv (1 Unіversytetska Str., Lvіv, 79001, Ukraine)
Email: [email protected]
Paitra Nataliia H. – Candidate of Sciences (Economics), Associate Professor, Department of Finance, monetary circulation and credit, Ivan Franko National University of Lviv (1 Unіversytetska Str., Lvіv, 79001, Ukraine)

Article is written in Ukrainian
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Reference to this article:
Baryliuk, Irena V., and Paitra, Nataliia H. (2014) “Evolution of Monetary Regulation in the EU Countries.” Business Inform 7:247–252.

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