Breuss, Fritz - In: WIFO Monatsberichte (monthly reports) 75 (2002) 9, pp. 581-607
The Economic and Monetary Union (EMU) is an economic and monetary policy system based on a fundamental asymmetry and consisting of three elements: 1. an independent central bank (ECB) which is exclusively charged with monetary policy in the euro zone; 2. economic policies (fiscal and budgetary...