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Union banking a step towards achieving fiscal Union in the European Union

Author

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  • Ionut Marius Croitoru

    (Romanian Academy, Bucharest, Romania)

Abstract

Union policy needs in addition to the official language of four major components: a monetary union, a fiscal union, a union diplomatic and military union A stage in the Union is the Union banking tax. Materials and Methods: Union Bank has three pillars: a single banking supervisor (single supervisory mechanism), the only mechanism of bank resolution and a single scheme of bank guarantees. Results and conclusions: Union Bank, strengthen supervision is an inevitable process, and Romania will have to enroll in it. Option Romania is to be part of Romania deaorece bank Union can not remain outside the structures of decision as long as banks operating in Romania are predominantly Eurozone.

Suggested Citation

  • Ionut Marius Croitoru, 2015. "Union banking a step towards achieving fiscal Union in the European Union," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 21(1), pages 114-124, May.
    • Handle: RePEc:but:manage:v:21:y:2015:i:1:p:114-124
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