This paper examines whether the Big Three credit rating agencies actually played as active a role in the Euro Crisis as …

originated from the financial convergence that followed adoption of the euro. …

Von Anfang an sollte der Euro mehr sein als eine Währung: Er verkörpert den Wunsch nach Einheit und Frieden in Europa …

We identify crucial events during the European sovereign debt crisis and investigate their impact on the euro currency … (ECB) actions, and credit rating downgrades affect the value and the crash risk of the euro. We proxy the value changes of … the euro by its abnormal foreign exchange (FX) rate returns with respect to 35 currencies. The crash risk of the euro is …

Euro Crash diagnoses the three fatal design flaws in EMU as constructed by the Maastricht Treaty and analyses future …

economic booms in some peripheral Euro-zone countries financed by large capital inflows; the credit and asset price booms and … Latin American audiences. For those Euro-zone countries that built up large Euro-denominated external liabilities, Latin …

This paper reviews the performance of the euro area since the euro's launch 20 years ago. It argues that the euro … crisis has exposed existential flaws in the euro regime. Intra-area divergences and the corresponding buildup of imbalances … unemployment continue to plague euro crisis countries. Its huge current account surplus highlights that the euro currency union …