ECONOMIC POLICY OF THE EUROPEAN UNION

Authors

  • Jasminka Đurović Business School of Applied Studies in Blace, Serbia
  • Srećko Radojičić Business School of Applied Studies in Blace, Serbia

Keywords:

economic policy, EU, European Monetary Union

Abstract

The Member States of the European Union, under Article 4 of the Treaty on European Union have an obligation to pursue an economic policy based on close coordination policies of member states, internal markets and setting common goals. They consider economic policy as issue of common interest, and thus coordinate development strategies and economic policy at the Council of Europe. With the establishment of the Economic Monetary Union (EMU) in January 1999, there are increasing need for the coordination, especially in budgetary policy, because compliance with the financial monetary policy of the European Central Bank represents interest of all and in the interest of all .

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References

1. Timothy Bainbridge The Penguin Companion to European Union- third edition, , Penguin, London, 2003
2. The Treaty on European Union (Maastricht Treaty), Maastricht, The Netherlands, 1991.
3. Basic Principles for Development of Economies, Council of Europe- Departnemt for Discal Relations, 2000
4. Annacondia, Fabiola and Walter van der Corput (2003) “Overview of General Turnover Taxes and Tax Rates,” VAT Monitor, March/April
5. Mathis, Alexandre (2004) “VAT Indicators,” Working Paper No. 2/2004, Directorate-General Taxation and Customs Union, European Commission, April
6. Ugovor o Evropskoj Uniji (Povelja iz Mastrihta)

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Published

2010-12-29

How to Cite

Đurović, J., & Radojičić, S. (2010). ECONOMIC POLICY OF THE EUROPEAN UNION. BizInfo (Blace) Journal of Economics, Management and Informatics, 1(2), 79–85. Retrieved from http://www.bizinfo.edu.rs/index.php/bizinfo/article/view/96

Issue

Vol. 1 No. 2 (2010): BizInfo (Blace) Journal of Economics, Management and Informatics

Section

Articles