of the euro area. For this purpose, we differentiate between the departure of weak and strong countries, and examine the …

of the euro area. For this purpose, we differentiate between the departure of weak and strong countries, and examine the …

Transcript of an interview with Roland Vaubel, who discusses the Euro as a creature of politics. He explains the …

As the euro is on its second decade, the European sovereign debt crisis and the ever more evident disparities in … a descriptive analysis of the first twelve euro countries under six criteria, leading to a mixed conclusion on whether …

(objective) values of tests, whose passing would guarantee that costs of adoption of euro would be lower than the benefits …. Second, several empirical observations strongly support the hypothesis that early adoption of euro by the Czech Republic … Czech economy has enough experience with excessively volatile exchange rate. The greatest advantage of adoption of euro will …

Now that four years have passed since the introduction of the euro as a commercial currency, it has become possible to … precisely that. In brief, the euro zone still falls short as an optimal currency area in most respects. In particular, an … assertions that the euro will force a liberalization of labor markets, so that they can serve as the principal vector of …