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The British Government's proposal to develop the ECU gradually into a "hard" European currency has begun to be viewed in a more positive light. What principles are at the heart of this proposal? Does a "hard" ECU have advantages over the existing ECU? What are its chances as a parallel currency?
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country in the EU. This is due to deeply-rooted structural differences in legal systems, development of markets and …-based forms of financing of investments by enterprises in the EU. Disintermediation, and institutionalisation of savings in … authorities would have reacted to something like the LTCM collapse in the EU is a good way to see the importance of these two …
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Die Macroeconomic Imbalance Procedure (MIP) ist Bestandteil des Regelwerks, das am 13. Dezember 2011 als sogenanntes "Sixpack" in Reaktion auf die europäische Finanz- und Schuldenkrise in Kraft trat. Die Krise hat gezeigt, dass interne und externe Ungleichgewichte eng miteinander verwoben sind....
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Employment and labor force participation (LFP) rates have increased throughout Europe since the 1990s, with little interruption from the Great Recession. While many credit labor market reforms for this progress, ongoing educational expansion might actually be more important. This implies that...
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