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Europäische Währungsunion. Der Euro selbst sei die Ursache der Krise. …
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Am 10. Juli 2012 verhandelte das Bundesverfassungsgericht über den ESM und den Fiskalpakt. Hans-Werner Sinn wurde von dem Gericht als Gutachter bei der Anhörung geladen. Dabei wurde dieser Text in gekürzter Form frei vorgetragen.
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bankruptcy, should the euro continue to exist <br>4.4 Target losses in the case of a euro break-up or a German exit <br>4.5 Shift …
Persistent link: https://www.econbiz.de/10011148828
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economic booms in some peripheral Euro-zone countries financed by large capital inflows; the credit and asset price booms and … Latin American audiences. For those Euro-zone countries that built up large Euro-denominated external liabilities, Latin …
Persistent link: https://www.econbiz.de/10010943779
euro's fault. As a result, some argued that Greece and eventually other bailed-out member states should abandon the euro … up on supporting them financially, forcing them to abandon the euro anyway. Yet, no such thing has happened. The euro and …
Persistent link: https://www.econbiz.de/10009295311
: euro-zone countries following suit by reintroducing devalued national currencies would invite catastrophe. Despite this …
Persistent link: https://www.econbiz.de/10010673013
This paper presents the background and development of the global crisis of 2007–2008 and subsequent developments that are current today. It distinguishes four phases of the crisis: sub-prime mortgage crisis, soaring dollar and the Lehman Brothers fiasco, US and global recession, and, finally,...
Persistent link: https://www.econbiz.de/10010593849
What are the drivers of the large Target2 (T2) balances that have emerged in the European Monetary Union since the start of the financial crisis in 2007? This paper examines the extent to which the evolution of national T2 balances can be statistically associated with cross-border financial...
Persistent link: https://www.econbiz.de/10010598092