Jost, Thomas; Seitz, Franz - 2021
December 2018. It shall play the role of a European Monetary Fund in the event of a crisis. The IMF, on the other side, will no … Fund (IMF), was supposed to support the member states of the euro area which had been hit hard by a sovereign debt crisis …. For that purpose, economic adjustment programs were drafted and monitored in order to prevent the break-up of the euro …