, financial, and political arenas. Apart from the eurozone crisis and global monetary policy issues, for nearly two years all else … divergence and political and social discord across member-states. Given the scale and scope of the eurozone crisis, policy and …

This paper investigates the causes behind the euro debt crisis, particularly Germany's role in it. It is argued that … austerity have made the situation worse by adding a growth crisis to the potpourri of internal stresses that threaten the euro …

inherited from Germany's mercantilist past and Bundesbank mythology. Steps toward a fiscal union to back the euro are also …

of existing national public debts is involved. Instead, the Euro Treasury is established as a means to pool eurozone …The euro crisis remains unresolved even as financial markets may seem calm for now. The current euro regime is … the euro are assessed and found lacking. A "Euro Treasury" scheme operating on a strict rule and specifically designed not …

to the euro area, where constraints have been deliberately created that limit public deficits and the supply of central … euro area is facing a deflationary tendency that may further erode the economic welfare of the region. …

With the creation of the Economic and Monetary Union and the euro, the national government debt of eurozone member … monetization" rule, the one embraced by the eurozone was special, as it also prevented monetization on the secondary market for … debt. This made all eurozone public debt defaultable--at least until the European Central Bank (ECB) announced the Outright …