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A modest proposal for resolving the eurozone crisis

Varoufakis, Yanis; Holland, Stuart - In: Intereconomics 47 (2012) 4, pp. 240-247

This paper presents three simple policies for overcoming the crisis that can be implemented immediately and require none of the moves such as national guarantees or fiscal transfers to which many Europeans are opposed, nor moves towards federation that entail Treaty changes, which electorates...

Persistent link: https://www.econbiz.de/10010471462

Convergence in GDP per Capita in the Euro Area and the EU at the Time of COVID-19

Licchetta, Mirko; Mattozzi, Giovanni - In: Intereconomics 58 (2023) 1, pp. 43-51

This paper investigates determinants of convergence in GDP per capita in the euro area and the EU between 1995 and 2021 …-driven persistent divergence in growth. Regression results provide further evidence of convergence in the euro area and the EU over the … growth, especially in euro area countries. …

Persistent link: https://www.econbiz.de/10014334683

Euro Conditionality Hinges on Positive Convergence

Marcussen, Michala - In: Intereconomics 57 (2022) 5, pp. 288-292

questions as to whether a new euro debt crisis might emerge. Euro area sovereign spreads have widened, but not to "unwarranted … euro area debt crisis a decade ago, seems unlikely today with the extensive toolkit now in place. …

Persistent link: https://www.econbiz.de/10013468420

Towards a New Euro Crisis?

De Grauwe, Paul - In: Intereconomics 57 (2022) 5, pp. 273-277

government bond markets. This will continue to make the eurozone a fragile construction. As a result, the possibility of a future … euro crisis cannot be excluded. …

Persistent link: https://www.econbiz.de/10013468417

External imbalances in the EU: A REER-based explanation

Kutasi, Gábor - In: Intereconomics 50 (2015) 5, pp. 301-308

The debt crisis of the eurozone revealed a structural problem of the single market rooted in the external imbalance … problem of indebted member states. The assumption of this paper is that the current account imbalances within the eurozone are … based on an intra-eurozone competitiveness disparity originated in the single currency and the heterogeneity of member state …

Persistent link: https://www.econbiz.de/10011773257