Alberola Ila, Enrique; Molina Sánchez, Luis; Río … - 2012
The fallout from the 2008 financial crisis has been particularly acute in the euro area Member States of the south … perception that the euro environment provided a solid shield against economic instability shaped the incentives, expectations and … has shattered the perception of the euro as a safe haven for economic stability, where imbalances do not matter. Moreover …