©MESTE JEL Category: E58 Apstrakt Podrška opštim ekonomskim politikama, koja predstavlja jedan od ciljeva Evropske centralne banke (ECB), podrazumeva uravnotežen i skladan razvoj, zapošljavanje i socijalnu zaštitu, što iziskuje aktivniju monetarnu politiku i korišćenje posebnih sredstava. To stvara inflatorni pritisak i ugrožava cenovnu stabilnost. Ako se samo čuva cenovna stabilnost onda nema prostora za podršku ekonomskim politikama Evropske Unije (EU) i obrnuto, iz čega proizilazi da ta dva

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... ilja ne samo da nisu u saglasnosti, već se i međusobno isključuju. Funkcije Evropskog sistema centralnih banaka (ESCB), a samim tim i ECB su da definiše i sprovodi monetarnu politiku Evropske unije, da obavlja poslove vezane za devizni kurs, da čuva i koristi devizne rezerve, da osigura dobar rad sistema plaćanja na teritoriji evrozone, kao i da pruža stručnu podršku ostalim telima EU. Funkcionalna ekonomska i monetarna unija i jak i stabilan evro su temelj ekonomskog okruženja pogodnog za privredni rast u Evropi. Nastanak Evropske monetarne unije i uvođenje evra kao zajedničke valute svakako je najveće dostignuće u procesu evropskih integracija. Abstract Support to the general economic policies, which represents one of the objectives of the European Central Bank (ECB), implies a balanced and harmonious development, employment and social protection, which would require a more active monetary policy and the use of special funds and that creates inflationary pressure and jeopardize price stability. If the price stability is guarded then there is no space to support the economic policies of the European Union (EU) and vice versa, which means that these two goals are not only in compliance, but are mutually exclusive. The functions of the European System of Central Banks (ESCB) and thus the ECB are to define and implement the monetary policy of the European Union to carry out activities related to the exchange rate, to retain and use foreign exchange reserves to ensure the good operation of the payment system on the territory of the eurozone, as well as to provide technical support to the other EU bodies. Functional economic and monetary union and a strong and stable euro are the foundation of the economic environment conducive for economic growth in Europe. The emergence of Adresa autora: Branko Nešić  mbs.liderstvo@gmail.com Nešić B. Značaj monetarne politike Evropske centralne banke FBIM Transactions Vol. 5 No. 2 pp. 91-98 92 │ MESTE Publikovano: juli 2017 the European Monetary Union and the introduction of the euro as a common currency, is certainly the greatest achievement in the process of European integration.