Fichtner, Ferdinand; Fratzscher, Marcel; Podstawski, … - In: DIW Economic Bulletin 4 (2014) 9, pp. 3-14
design flaws in the Monetary Union. If these are not fully addressed, it will only be a matter of time before a new crisis … hits, and a partial or complete breakup of the Monetary Union cannot be ruled out. The economic consequences would be … devastating, not least for Germany. To ensure the survival of the European Monetary Union, fundamental reform is required in three …