Bernoth, Kerstin; Burauel, Patrick; Engler, Philipp - In: DIW Wochenbericht 81 (2014) 39, pp. 916-922
Member countries of the euro area, and the peripheral states in particular, are faced with an especially difficult problem: on the one hand, they urgently need stronger economic growth to pay off the mountains of debt they have accrued and have to reduce unemployment but, on the other hand, they...