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Original scientific paper

https://doi.org/10.25234/pv/30216

COHESION POLICY VALUES IN THE LAW OF THE EUROPEAN CENTRAL BANK

Marko Dimitrijević orcid id orcid.org/0000-0003-4406-9467 ; Faculty of Law, University of Niš, Trg kralja Aleksandra 11, 18000 Niš, Serbia.


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Abstract

The subject matter of analysis in this paper is the cohesion policy in the discourse of the Law of the European Central Bank (ECB), which will be reviewed for the purpose of establishing changes in the values and principles of cohesion policy which significantly redefined the postulates of the contemporary EU monetary legislation in the circumstances of the COVID-19 pandemic crisis. In that regard, the paper aims to analytically examine the characteristics and qualitative influence of the tendency to “humanize” the contemporary monetary legislation, as well as the sophisticated modus operandi of shaping the monetary authority by public law in the architecture of the European Economic and Monetary Union (EMU). By applying the dogmatic, axiological, and comparative law method, the author identifies the greatest dilemmas encountered by the European legislator in the context of adjusting the ECB regulatory activity and its primary tasks to the principles of cohesion policy.

Keywords

monetary law; monetary jurisdiction; monetary sovereignty; cohesion policy; European Central Bank

Hrčak ID:

319972

URI

https://hrcak.srce.hr/319972

Publication date:

31.7.2024.

Article data in other languages: croatian

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