Koordynacja polityki fiskalnej i pieniężnej strefy euro w obliczu kryzysu finansowego

The financial crisis of 2008 has subjected the eurozone to a serious test. Is it feasible to achieve an effective co-ordination of fiscal and monetary policy in the eurozone? Given the circumstances, what role will the European Central Bank play, and what will be the role of Member States? The aim of this paper is to analyze the opportunities for greater coordination of fiscal and monetary policy in the eurozone given the current economic crisis. The first part of the paper presents the principles of monetary policy, its objectives and tasks. The role of the European Central Bank in the development of this policy and monetary policy instruments used to mitigate the consequences of declining confidence in the eurozone are also examined. The second part of the paper concentrates on the objectives and functions of fiscal policy. The last part discusses selected instruments for closer cooperation of the eurozone countries in terms of fiscal policy.