ÖZDEŞER, Hüseyin Yakın Doğu Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - Ekonomi Bölümü, Turkey

Efficiency Management Problem Of European Central Bank (ECB) About The Euro

25753

The necessity of a monetary integration process in the European Union is inarguable. Monetary Union has a corner stone role for letting Economy in the EU to act as a whole. Only 19 members of the EU take place in the Euro Zone. In this case; there is a long time needed for completion the monetary integration process. European Central Bank (ECB) which is responsible for the monetary policy application in Euro Zone, will have serious weakness and desperation and having them is inevitable; because the economic and political integration of the EU is not completed yet. All kinds of conflicts in political and economic integration process of the EU and economic crises, will have negative impacts on the EU and also on Euro. ECB is helpless about any negative developments that take place or may take place in European Monetary Union (EMU) Area and it does not have an efficient intervention chance for preventing the negative impacts occurring on the Euro. The aim of the study is to present the weakness and desperation of the ECB about applying policies for a stable Euro

467

EU , ECB , Euro , EMU , economic integration

Journal Of Management an‎d Economics

482