ISSN: 2344 - 102X
ISSN-L: 2344 - 102X
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Article from Volume 3, Number 2, Year 2015REVALUATION AND RESIZING OF MONETARY FINANCIAL INSTITUTIONS OF THE EUROPEAN UNION | Download | Author(s): Elena Iftimie | DOI: 10.4316/EJAFB.2015.3212 | | Abstract: We approach in the pages of the present article that is part of the wider financial dimension of the European community construction. We start from the idea that the EU financial system plays a key role in the European process, being the guarantee and foundation of achieving the objectives set by the EU treaties which ensured in time the legal frame of the European process. We insist particularly upon the budgetary-monetary competences, which belong to the Community's institutions that were confirmed and reconfirmed through the Lisbon Reform Treaty 2007 (2009). This treaty reaffirms the legal status of this basic institution of the EU for the structures which make up the "Community structural triangle", the EU Council, the Commission and the European Parliament to which is added the European Court of Justice and the Court of Auditors. The same treaty ranks as important institutions of the EU: the European Council and the European Central Bank.
In budgetary-monetary terms each of the mentioned institutions fulfills some specific tasks, individually or in co-decision and upon these we will insist in the followings. | Keywords: Monetary Financial Institution, European Union, European Process, European Community, EU Counsil | References: 1. Apetri N.A., Hlaciuc A.M., Morosan G., 2014. Institutions And Instruments Of Fiscal Policy In The European Monetary Union (EMU), “Ovidius” University Annals, Economic Sciences Series, 2014, “Ovidius” University Annals, Economic Sciences Series, Volume XIV, Issue 1, 2014, ISSN 1582-9383, P. 87-92, Http://stec.univ- Ovidius.ro/html/anale/RO/index.php
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