established. We examine the role of a number of key variables such as wage cost, inflation, profit margins and the euro in …

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

The euro crisis remains unresolved even as financial markets may seem calm for now. The current euro regime is … the euro are assessed and found lacking. A "Euro Treasury" scheme operating on a strict rule and specifically designed not … to be a transfer union is proposed here as a condition sine qua non for healing the euro's potentially fatal birth …

the Euro area monetary and fiscal systems by focusing markets and public attention on the core cause of the overall Euro … crisis, the insolvency of the Euro area member-states model of debt financing of public and private expenditure and … investment. Hence, any repair of the system will require addressing the twin malaises of the Euro area model of economic …

the rate of monetary and financial systems integration deployed within the Euro area is not sustainable in the long run …. Instead of acting as a buffer against external shocks and internal imbalances within the Euro area, the common currency has … a disorderly unwinding of the Euro area over time and the accumulation of significant long-term economic costs of …

We assess the role of financial linkages in the transmission of sovereign risk in the Euro Crisis. Building on the …

— which require that the bonds be paid in euro and that any dispute be resolved under a stipulated source of law, often …

factors not open to the Euro area member states today, from the point of view of the impacted states with strong potential …