The monetary identity is understood as a sufficiently clear, persistent and socially prevalent group of axiological explanations and opinions concerning monetary policy within the scope in which it relates to the purchasing power of the money. The occurrence of such an identity in society manifests itself first of all in estimations of basic, real or forecast results of this policy by the members of this society. These are simplified explanations and estimations, considering low cognitive accessibility of monetary policy, i.e. the fact that an average citizen is not equipped with adequate tools allowing full understanding of the matter. The existence of monetary identity is favourable for the implementation of monetary policy, especially where its basic goal is socially accepted.
Little doubt, monetary identity may be an element of constructive "imaging" of the European Union - its description that takes into consideration social preferences in the economic domain that exist in 25 member states. Considering various historic experience of these countries, the description of integration block reveals its large differentiation. Among EU members there are countries with a strong monetary identity as well as countries where such an identity probably does not exist at all. The euro adoption and implementation of the single monetary policy in the last stage of the Economic and Monetary Union has still had an enormous significance for the improvement of the situation. Research shows that the euro implementation contributed to the growing feeling of "belonging to Europe". Since the introduction of a single currency is tied with the implementation of clear monetary policy with relatively clear axiology, the requirement of its social popularity is met. This popularity is then a prerequisite to the creation of monetary identity. The evidence of the popularity of the monetary policy conducted within the Economic and Monetary Union is its considerable ability to spread, which results in the fact that the single monetary policy becomes a point of reference for institutions of economic and monetary policy of non-EU countries. Thus it is not meaningless to the citizens of those countries.
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