A set of legal norms that determine the currency in which the amount of public debt is denominated.
An integral element of political sovereignty by which the state determines what will have the function of money in a society.
A specific segment of state management, ie public management of the state, due to which private monetary operations in which commercial banks and entrepreneurs participate are not the subject of interest in monetary law.
A segment of the state order which regulates the issues of defining, using, and disposing of money.
The right of a state or group of states that have a common currency to define or redefine the currency unit and to determine the exchange rate between the new and the old currency unit.
The principle of legal continuity that implies the free will of the contracting parties to conclude a particular contract.
The right to issue coins and paper money, which is the basic and primary monetary prerogative, whose holder is the central bank, which has a monopoly position in issuing money.
The tendency of weakening of state monetary prerogatives in monetary unions.
A special form of the legal norm that regulates social relations with the monetary element in the broadest sense of the word.
The totality of transactions between monetary authorities in the form of international agreements.
A set of legal norms that regulate the manner of implementation and provide judicial protection to state monetary prerogatives in an international environment understood in the broadest sense of the word.
A process of coordination, ie full harmonization of monetary policies of EU member states, which ended with the introduction of the euro as a single currency.
A subsystem of general economic policy that includes a set of measures and instruments that regulate the money supply in circulation and direct cash flows.
A coordination instrument applied in the field of general economic policy and includes the issuance of debt instruments for financing loans and other forms of financial assistance to euro area members.
The totality of actions (measures and instruments of monetary policy), which are in the function of achieving its goals.
The supreme monetary institution of the EU.
The most important institution of EMU composed of the European Central Bank and the national central banks of the member states.
Contractual arrangements between the European Central Bank and the central banks of the member states that have adopted the euro.
The process of harmonizing the economic policies of EU member states in a six- digit period.
The jurisdiction of the court to resolve monetary disputes.
A form of mixed public good provided and guaranteed by the subjects of monetary law.
A concept based on redefining the functioning of EMU on the principle of reaching broad consensus of different content and specific legal nature.
A special category of socio- economic rights of citizens (monetary users) which are reflected in the right to a stable, solid, and healthy currency of the state on whose territory the monetary prerogatives are realized.
A citizen living within the territory in which the state exercises its monetary prerogatives.
Restrictions on the amount of public debt and budget deficit determined by the constitution or law.
An expression of the deepened centralization of banking policy in the EU, which takes place under the auspices of the European Council.
The first pillar of the Banking Union, which includes enhanced supervision of the banking sector, strengthening the stability of banks, and contributing to the financial integration of the single market.
The second pillar of the banking union, which refers to the creation of conditions for an orderly bankruptcy of banks with minimal costs for taxpayers and the economy.
The aim of this agreement is to create conditions for an orderly bankruptcy of banks with minimal costs for taxpayers and the economy.
In a narrower sense is based on the adoption of a single EU budget (whose structure emphasizes the importance and use of transfer social expenditures), while the Fiscal Union in a broader sense includes the concept of a banking union and extensive interpretation of the European Central Bank's mandate.
A common monetary system of several independent states with a single currency issued by a single central bank.
Refers to the cash flows and activities of the central bank, banks, and other financial intermediaries.
A special type of administrative dispute in which there is a full implementation of the active and passive implementation of the procedural legitimacy of central banks and public debt management agencies.
Litigation initiated due to non-compliance with fiscal rules.
Lending to government debt by printing money by the central bank.
A set of international monetary standards governing the international monetary order.
A currency whose value does not depend on the value of a particular object in the real world and which as such is "dematerialized".
The single European currency (euro) which is the highest expression of the centralization of monetary policy at the EU level.
A specific legal economic factual situation, the realization of which is initio monetary law relationship.
A coordination mechanism for the initial harmonization of common rules for the operation of banks and technical standards for their effective implementation.
A clause that allows the creditors with the largest share to change the terms of bonds (in terms of debt restructuring), whereby this clause also binds minority creditors.
Committee of the European Commission for Monetary and Financial Affairs.
Measures of the European Central Bank for the purchase of bonds on the secondary financial market.