Understanding the Economic and Monetary Union
How does the Economic and Monetary Union work? Who are the main players involved? What caused the economic and financial crisis and how was it resolved? This booklet provides information on the Economic and Monetary Union, its functioning and the response to the economic crisis. It defines the tools used to resolve the crisis and avoid a similar situation in the future: economic policy coordination, financial stability with supervision and resolution mechanisms, and stability mechanisms to support euro area countries that encounter difficulties.
The booklet is available in 24 EU languages.