Auerback, Marshall - In: International Journal of Political Economy 39 (2010) 4, pp. 87-102
states of the European Monetary Union or the creation of a supranational fiscal authority, a "United States of Europe." …The euro is now facing an existential choice: What was once deemed the fantasy of a few extreme euro … between the restoration of national currencies and the reestablishment of full fiscal sovereignty in the respective nation …