The euro crisis remains unresolved and the euro currency union incomplete and extraordinarily vulnerable. The euro … the euro currency union. We propose a “Euro Treasury” scheme to properly fix the regime and resolve the euro crisis. This … scheme would establish a rudimentary fiscal union that is not a transfer union. The core idea is to create a Euro Treasury as …

, this paper analyzes how the resulting euro contradiction conditioned the ongoing euro crisis as well as current strategies … to resolve it. While Germany generally prevailed in hammering out the design of the euro policy regime, the German … misunderstanding has made Germany the main culprit in the euro crisis, but it has yet to face the full consequences of its actions …

Monetary Union (EMU), focusing on the German intellectual and historical traditions behind the euro policy regime and its … the euro's guardian of stability, and ultimately the euro itself. Essentially, the national success of the Bundesbank … general perception in Germany today is that the euro crisis has confirmed the soundness of the key "stability …

Contrary to German chancellor Angela Merkel's recent claim, the euro crisis is not nearly over but remains unresolved … turn the flawed and dysfunctional euro regime into a viable one, the current calm in financial markets is deceiving, and … unlikely to last. The euro regime's essential flaw and ultimate source of vulnerability is the decoupling of central bank and …