This paper presents a preliminary comparison of the Eurosystem response to the Global Financial Crisis and Eurozone … balance sheets to show the effect of ECB decisions to consrain or enable liquidity provision across the Eurozone, particularly … potential for monetary authorities to structurally influence liquidity preference and provision. As Eurozone governments debate …

The Great Recession and the subsequent European crisis may have long-lasting effects on aggregate demand, aggregate …

After reviewing the main determinants of the current eurozone crisis, this paper discusses the feasibility of … austerity measures in order to abide by their commitments to eurozone institutions and the International Monetary Fund. We show … that the introduction of fiscal currencies would speed up the recovery, without violating the rules of eurozone treaties …

Why did Europe fail to manage the euro area crisis and what lessons can be drawn from this failure for Europe's future …? Studying the EU/IMF program that was imposed on Greece in May 2010 — the original sin of the crisis — highlights both the …

""This collective volume is undoubtedly a major contribution to understanding the causes and consequences of the crisis … of the Euro-zone, with a special emphasis on the implications of new and not yet EMU members. A skilful combination of … countries, it is a must reading for anyone seriously interested in the political economy of crisis and reform in Europe …

Intro -- Table of Contents -- Crisis in the Eurozone: An Overview -- Eurozone Crisis as Historical Legacy: -- The …