We analyze the benefits and costs of a non-euro country opting-in to the banking union. The decision to opt-in depends …, non-euro countries participating in the banking union will not be on equal footing with euro area members. Analysis …-capitalized backstops is established it may be optimal for a non-euro country to join the banking union upon the euro adoption. Assessing …

We analyze the benefits and costs of a non-euro country opting-in to the banking union. The decision to opt-in depends …, non-euro countries participating in the banking union will not be on equal footing with euro area members. Analysis …-capitalized backstops is established it may be optimal for a non-euro country to join the banking union upon the euro adoption. Assessing …

of deeper European integration: the euro. The German Allensbach Institute, which conducts public opinion poll research …, showed that levels of trust in the euro started to decline in April 2010, and more recently, other publications claim that an … overwhelming majority of German citizens have lost trust in the euro.In contrast, Daniel Gros, CEPS Director, and Felix Roth …

The turmoil affecting southern euro area countries (notably Greece) has ushered in the second phase of the financial … of euro area countries in an orderly way …

policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we … prevailed until some months ago, can also manifest themselves in asset price inflation, notably in the housing market. When … are now appearing within the Euro area which threaten its long-term cohesiveness. The most manifest example of this threat …