The European Monetary Institute has been working with national central banks of the European Union (EU) to prepare instruments for the operation of monetary pol

"In 1962 the European Economic Community published a study on the instruments of monetary policy in the countries of the EEC. This work has been widely used, bo

The SDN elaborates the case for, and the design of, a banking union for the euro area. It discusses the benefits and costs of a banking union, presents a steady

The creation of a single monetary currency and a single monetary policy in the euro area has faced extraordinary challenges, among them the design of suitable m