Poniatowski, Grzegorz - In: Central European Journal of Economic Modelling and … 6 (2014) 2, pp. 70-87
The problem of governments’ over-indebtedness is one of the most important challenges for today’s EMU governance. As numbers suggest, the problem of extensive deficits has appeared in the EMU long before the burst of the global financial crisis. We suspect that the membership in a currency...