Sentence examples for monetary union to from inspiring English sources

The eurozone is travelling from monetary union to fiscal union.

Various proposals have already been floated, ranging from possible ejection from the monetary union to temporary loss of voting rights until an offending country adheres to the rules.

But the most obvious solution is to do what all good monetary unions do: allow for fiscal transfers from one part of the monetary union to another.

Even if euro bonds win wider backing, there are other issues that threaten to upend plans for a tighter monetary union to support the euro.

Since the eurozone is not a sovereign state there is no formal mechanism for transferring resources from rich parts of the monetary union to the poor parts.

He urged that Europeans look beyond an economic and monetary union to include the cultural, health, legal, security, education and environmental concerns of its citizens.

Germany alone has the ability to end a dysfunctional monetary union and to bring prosperity back to Europe.

The key lesson of the crisis was Europe needed to build a deeper economic union to complement its existing monetary union, and to ensure that public finances are sustainable.

Merkel told Stiglitz and other Nobel laureates that monetary union needed to be married to fiscal union, which would provide the confidence and discipline for stained growth.

It said that if the monetary union is to function, its 17 member states would have to either move toward political union or implement rules that result in tighter cooperation of national budget policies.

We feel that there is a need to reconsider the third stage of economic and monetary union, and to reflect again on the effects which are being produced in some national economies and societies.