This book adopts a comprehensive approach, combining the views of economists and political scientists, to assess the threats of maintaining the non-collaborative stance that prevailed in the response to past crises, and to explore new solutions to the present emergency. The coronavirus pandemic...

1. The Future of the Euro Zone: A Reflection Paper on the North/South Divide -- 2. European Monetary Union and the Covid-19 Crisis: A Tightrope Act with the Risk of Falling -- 3. Europe at the Crossroads of the COVID-19 Crisis: Integrated Macroeconomic Policy Solutions for an Asymmetric Area --...

The economic crisis triggered by the coronavirus exposed the gaps in the European Monetary Union (EMU) governance, creating fears to repeat the sovereign debt crisis. In view of the magnitude of the crisis and the financial interdependence inside that union, strong policy coordination and...