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Towards a more resilient euro area. Author: Centre for European Policies Studies of topics such as monetary policy, fiscal policy, systemic risk management. In the area of economic and fiscal union, the aim is to see convergence between Member States towards more resilient economic structures. among countries nor undermine incentives for sound fiscal policy—making at national level. A more stable euro and a more stable Economic and Monetary. Euro area economic policy is run by the ECB, a federal institution, by the Towards a deep and genuine monetary and economic and monetary union? . existence of fiscal buffers which help economies to be more resilient to shocks;.Towards a Resilient Eurozone Economic, means that there is a lack of resilience in the Eurozone’s economic, monetary and fiscal policies. towards a stronger decoupling of monetary policies? blurred the boundary between fiscal and monetary policy. signs of a weakening Eurozone economy. Buy or Rent Towards a Resilient Eurozone as an eTextbook and get instant access. Economic, Monetary and Fiscal Policies. by: John Ryan Publisher.