The current state of affairs in the euro area (EA) instills hope in economic recovery but also substantial concern. The …

cyclical shock insurance; and 3) the enlargement of the euro area budget, of which we consider the first alternative the most …

In the first years of the eurozone debt crisis, European governments were busy struggling to achieve short … the long-term institutional structure of the eurozone? This paper argues that the economic situation in the periphery …

European policies imposed in the euro crisis have disabled democratic policy choices at the national level, while the … present European euro-rescuing regime lacks democratic legitimacy. But policy choices might now become politicised in the …

Niedrige oder sogar negative Realzinsen bestimmen seit Beginn der Krise die Kapitalmärkte in der Eurozone. Davon …. Therefore, financial repression is not a 'cure' for the high public debts amassed in the euro area during the recent sovereign … debt and banking crisis. Furthermore, the high sovereign debts in the euro area may threaten economic development and …

Die Schuldenkrise in der EWU hat immer wieder Forderungen nach einer stärkeren Gemeinschaftshaftung hervorgebracht, was … to address these deficiencies, the authors propose to change the contractual terms of the euro area's sovereign debt …