Examples of using Single monetary in English and their translations into Slovak
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A single monetary policy entails the need for a payment arrangement through which the monetary policy operations between the national central banks( NCBs)
In a monetary union such as the euro area, with a single currency and a single monetary policy, the main adjustment mechanism-- in the absence of a high degree of labour mobility and fiscal transfers across countries-- is the cross-border trade or competitiveness channel.
Rather than creating conflicts of interest between policy areas, in this type of situation a fiscal capacity of this nature could support the single monetary policy in stabilising the economy
continued to play an important role in the smooth implementation of the single monetary policy.
The ECB 's single monetary policy cannot directly address growth and inflation differentials,
Due to the architecture of the EMU with a centralised single monetary policy but a decentralised fiscal policy at national level,
with a focus on the implications of differentials in inflation rates for the single monetary policy in the euro area.
Membership of the euro area strengthens the degree of economic interdependence between Member States through the existence of a single monetary policy and by fostering closer trade
The truth is that a single monetary policy and a single key interest rate for 11
At the same time, they decided to keep NCBs as independent institutions that can continue to perform national tasks provided that they do not interfere with the single monetary policy.
Rather than creating conflicts of interest between policy areas, in this type of situation a fiscal capacity of this nature could support the single monetary policy in stabilizing the economy
would threaten to bring the entire eurozone tumbling down because it would erode the very premise of the euro as a single monetary unit.
Only an ECB balance sheet item Debt certificates as described in the document The single monetary policy in the euro area:
the fundamental problems of forcing disparate countries to live with a single monetary policy and a single exchange rate will remain.".
their close economic and financial inter-linkages and the fact that they share a common currency and a single monetary policy.
empirical basis is vital as it provides the ECB with the tools it needs to conduct its single monetary policy for the people of the 19 euro area countries.
a central monetary authority and a single monetary policy within the European area.
transactions according to the respective monetary policy instruments described in the document The single monetary policy in the euro area:
Rather than creating conflicts of interest between policy areas, in this type of situation a fiscal capacity of this nature could support the single monetary policy in stabilizing the economy
deposits in euro as described in the document The single monetary policy in the euro area: