Τhe first Eurozone crisis has increased core-periphery imbalances at the EMU, as expected from theory. It was followed by a significant structural change, through laying down the foundations for a Banking, Fiscal and Capital Markets Union. Using GNI per capita and employment indexes from 2009...

It is hard to re-create the edifice of a united Europe. It was based on substantial theoretical developments from integration theory, economics, international, political, cultural, social and other studies, layered at the top of economic, social, cultural and other existing foundations of...