Aglietta, Michel - In: Economie Internationale (2012) 130, pp. 5-31
In late 2011 the twin sovereign and bank crises worsened substantially. The very existence of the euro was getting … the whole EMU. In this paper, we show why there was such urgency to act for the sake of the euro, and that the impact of … an eventual Euro zone recession might be significant above all if the US is affected. Putting the financial rescue …