intensification of the euro area crisis in the summer and fall of 2011, these events weakened the banking system which was vulnerable … due to its exposure in Greece. Rather than deal with its ?scal crisis, the government secured a loan from the Russian … the February 2013 election. The strategy succeeded in delaying resolution of the crisis and avoiding short-term political …

of the euro area crisis in the summer and fall of 2011, these events weakened the banking system which was vulnerable due … to its exposure in Greece. Rather than deal with its ?scal crisis, the government secured a loan from the Russian … the February 2013 election. The strategy succeeded in delaying resolution of the crisis and avoiding short-term political …

This paper explores the dominant role of politics in decisions made by euro area governments during the crisis … discussed. The domination of politics over economics has led to crisis mismanagement. The underlying cause of tension is … noncooperative manner. This has magnified the costs of the crisis and has resulted in an unbalanced and divisive incidence of the …

intensification of the euro area crisis in the summer and fall of 2011, these events weakened the banking system which was vulnerable … due to its exposure in Greece. Rather than deal with its fiscal crisis, the government secured a loan from the Russian … the February 2013 election. The strategy succeeded in delaying resolution of the crisis and avoiding short-term political …

This paper explores the dominant role of politics in decisions made by euro area governments during the crisis … discussed. The domination of politics over economics has led to crisis mismanagement. The underlying cause of tension is … noncooperative manner. This has magnified the costs of the crisis and has resulted in an unbalanced and divisive incidence of the …

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 …

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 …

supervision and regulation. The post-crisis debt buildup has coincided with a period of subdued growth as well as the emergence of …