in response to the euro area crisis. The paper complements the economic narratives of the crisis with an institutional …

This paper analyses the impact of the global financial crisis on euro area cross-border financial flows by comparing … significant changes in the composition of euro area cross-border portfolio flows, as investors shifted from equity to debt … crossborder financial activity may have a major bearing on growth prospects for the euro area and may also matter from a financial …

-making, and thereby facilitates the maintenance of price stability in the euro area. A fully-fledged committee structure has also … contributed to the smooth integration of non-euro area Member States into the Eurosystem's monetary policy decision-making process …

This paper reviews the debate on the longer-term requirements for safeguarding the euro as a currency beyond the state … financial governance in the wake of the euro area crisis goes a long way towards creating the minimum conditions for a more … required' to stabilise the euro area as a whole rather than sharing their sovereignty in common institutions to achieve this …

account of the change in the circulation of euro banknotes and the use of cash in transactions during the pandemic; and (2) to …

-making, and thereby facilitates the maintenance of price stability in the euro area. A fully-fledged committee structure has also … contributed to the smooth integration of non-euro area Member States into the Eurosystem’s monetary policy decision-making process. …

The consensus back in 2008 – ten years after the introduction of the euro – was that the adoption of a common currency … had made a limited impact of around 2% in total on the trade flows of the first wave of euro area countries (Baldwin et al …., 2008). Since then, six more countries have joined the euro area, and firms have internationalised their production …

following the coronavirus (COVID- 19) crisis. The assessment builds on a macro-micro model with individual euro area economies …

causes and consequences of low inflation in the euro area after 2012 and analyses whether monetary policy has been successful …

monetary policy implementation and the integrated euro area financial structure. This financial structure, in which only a … handful of locations act as gateways between the euro area and the rest of the world, leads to rising TARGET balances at the …