Pisani-Ferry, Jean; Sapir, André; Wolff, Guntram B. - Bruegel - 2012
The euro crisis and subsequent policy responses have challenged the assumptions underpinning the governance of the euro … area, and the relationship between the European Unionâ??s euro- and non-euro countries. The euro policy regime has become … also threatens to create frustration for euro area members, which fear that initiatives to strengthen the euro will be …