quasi-fiscal rescue operations can undermine this consensus and lead to a disintegration of the Eurozone. There are also …

On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a …

economic booms in some peripheral Euro-zone countries financed by large capital inflows; the credit and asset price booms and … Latin American audiences. For those Euro-zone countries that built up large Euro-denominated external liabilities, Latin …

1) The Adoption of the Euro by New Member States: Challenges and Vulnerabilities by Michael C. Bonello 2) The Economics …

maintaining financial stability in the euro area by providing vast liquidity support to commercial banks that are operating in … centrifugal forces become that ultimately might break up the single currency. Instead of a fiscal union, a euro … in the short run. These funds would not rescue banks but they would kick in as soon as a bank's equity is depleted in …

European Central Bank. This study brings together in slightly edited form the four papers presented at the seminar and the …

definition of price stability at a time of deflationary pressures. The euro's exchange rate has not been greatly impacted by the … recent currency war; the euro continues to be overvalued, but less than before. …