Hein, Eckhard; Truger, Achim; van Treeck, Till - 2011
of the Euro area and thus prevent stabilisation (or reduction) of public debt-GDP ratios. In the paper we will first …The financial and economic crisis in the Euro area has revealed a number of important flaws in the economic policy … clear that the Euro area suffers from a serious lack of institutions and policy concepts, which will not allow coping with …