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All explorations of the future of the Euro show serious risks for its survival in the present form. The road map of the Five EU Presidents presented in 2015 is far from sufficient to reduce the risks of the Euro zone falling apart by Brexit type developments or new economic shocks. The EU...
Persistent link: https://www.econbiz.de/10011582732
crisis has exposed existential flaws in the euro regime. Intra-area divergences and the corresponding buildup of imbalances … had remained unchecked prior to the crisis. As those imbalances eventually imploded, member states were found to be …
Persistent link: https://www.econbiz.de/10011894027
crisis has exposed existential flaws in the euro regime. Intra-area divergences and the corresponding buildup of imbalances … had remained unchecked prior to the crisis. As those imbalances eventually imploded, member states were found to be …
Persistent link: https://www.econbiz.de/10012912309
monetary sovereignty of Eurozone (EZ) Member States, in order to comply with political goals set by wealthier Member States …
Persistent link: https://www.econbiz.de/10012894941
, financial, and political arenas. Apart from the eurozone crisis and global monetary policy issues, for nearly two years all else … divergence and political and social discord across member-states. Given the scale and scope of the eurozone crisis, policy and …
Persistent link: https://www.econbiz.de/10010286538
, financial, and political arenas. Apart from the eurozone crisis and global monetary policy issues, for nearly two years all else … divergence and political and social discord across member-states. Given the scale and scope of the eurozone crisis, policy and …
Persistent link: https://www.econbiz.de/10009652087
In the first phase of the Monetary Union the discussion focused on advantages and disadvantages related to the Eurozone …, only the inflation goal was fulfilled; but the Eurozone went even further: now the problem is deflation, that is damaging … summer of 2011, some bearish operations on government bonds have put in a corner Italy, Spain, Greece and Portugal. In the …
Persistent link: https://www.econbiz.de/10012985729
eurozone based on a new divergence indicator. We study the dynamics between the economic divergence of member states and …
Persistent link: https://www.econbiz.de/10015098613
a low degree of synchronization, limited structural similarity, and weak trade integration with the Eurozone. Moreover …
Persistent link: https://www.econbiz.de/10011861694
This paper examines the evolution of public support for the euro since its introduction as a virtual currency in 1999 , using a unique set of data not available for any other currency. We focus on the role of economic factors in determining the popularity o f the euro. We find that a majority of...
Persistent link: https://www.econbiz.de/10012007047