Horn, Gustav A.; Herzog-Stein, Alexander; Tober, Silke; … - 2012
The key economic policy challenge in 2012 lies in stabilizing the euro area. The policies adopted so far are inadequate … institutions of the euro area. Time is running out as more and more countries are engulfed by the crisis, thus exceeding the … should at least in part be jointly guaranteed by the euro area countries. To combat the recession in the euro area …