Breuss, Fritz - Österreichisches Institut für Wirtschaftsforschung (WIFO) - 2012
towards a more centralised fiscal policy at EU/Euro area level within a new EMU economic governance. Besides the improvement … Economic and Monetary Union (EMU). Starting with ad-hoc rescue operations for Greece, Ireland and Portugal a whole bunch of … enough to make the EMU better functioning in future crises is an open question. Nevertheless, the crisis proved to act like …