TY - JOUR ID - publicatio36076 AV - public A1 - Pelle Anita A1 - Végh Marcell Zoltán Y1 - 2019/// EP - 148 VL - 64 N1 - Eredeti közlemény: Hogyan változott az euróövezet a kezdetek óta? PÉNZÜGYI SZEMLE/PUBLIC FINANCE QUARTERLY (1963-) (0031-496X 2064-8278): 64 1 pp 127-145 (2019) SN - 0031-496X JF - PÉNZÜGYI SZEMLE/PUBLIC FINANCE QUARTERLY (1963-) TI - How has the Eurozone Changed Since its Inception? IS - 1 N2 - The common European currency, the euro has existed since 1999; however, its introduction followed after decades of monetary integration and legal, economic and financial preparation. The first ten years of the monetary union were successful. The second decade was dominated by managing the crisis that was first global in character but then became limited to the crisis of the currency zone. In the initial phase, ad hoc type crisis management measures were taken; later, more systematic protection measures and institutional developments followed. Nevertheless, it is the resistance of the currency zone to future crises that has been established rather than its sustainability-the latter is yet to be ensured. UR - http://real.mtak.hu/125528 SP - 128 ER -