Wspólna waluta w systemie europejskim: analiza politologiczna

The article describes selected economic phenomena of the European system, i.e. a structure of national and European Union institutions in Europe. It mainly analyses the conditions for the system of a common currency. It presents the most important institutional loopholes, which lower the effectiveness of managing the economy. Moreover, they result in democratic deficit both in the European Union and in the Member states what additionally weakens the effectiveness of management.