Schmidt, Christoph M.; Weigert, Benjammin - Rheinisch-Westfälisches Institut für … - 2013
The euro area is experiencing a severe and highly complex crisis. It comprises three problem areas, the difficulties of … European banking system and disappointing growth prospects in the euro area periphery. To make matters even worse, these … fundamental doubts over its integrity. To overcome this systemic crisis, it would not be sufficient, if only the stronger euro …