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This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …
Persistent link: https://www.econbiz.de/10011307457
in response to the euro area crisis. The paper complements the economic narratives of the crisis with an institutional …
Persistent link: https://www.econbiz.de/10011606312
This paper reviews the debate on the longer-term requirements for safeguarding the euro as a currency beyond the state … financial governance in the wake of the euro area crisis goes a long way towards creating the minimum conditions for a more … required' to stabilise the euro area as a whole rather than sharing their sovereignty in common institutions to achieve this …
Persistent link: https://www.econbiz.de/10012988609
The paper provides an analysis of the euro area money and bond markets and their infrastructure since the introduction … of the euro. Significant development in terms of integration took place in both markets in general to a various degree … but apply more generally to euro securities infrastructure, identifies fields where further action is required. This …
Persistent link: https://www.econbiz.de/10011606153
last two waves of EU enlargement have had on Russia, as well as the role of the euro in Russia. The analysis suggests that … euro by Russian residents and authorities in international transactions has increased, albeit at an uneven pace. While, in … general, the US dollar remains the major foreign currency used by Russian residents, the euro has gained importance as an …
Persistent link: https://www.econbiz.de/10011606245
last two waves of EU enlargement have had on Russia, as well as the role of the euro in Russia. The analysis suggests that … euro by Russian residents and authorities in international transactions has increased, albeit at an uneven pace. While, in … general, the US dollar remains the major foreign currency used by Russian residents, the euro has gained importance as an …
Persistent link: https://www.econbiz.de/10012750208
The paper provides an analysis of the euro area money and bond markets and their infrastructure since the introduction … of the euro. Significant development in terms of integration took place in both markets in general to a various degree … but apply more generally to euro securities infrastructure, identifies fields where further action is required. This …
Persistent link: https://www.econbiz.de/10013318465
that the euro triggered product but neither labour nor financial market reforms. Differently from previous studies, we find … that: (a) the Single Market has similar effects to the euro, and (b) sectoral heterogeneity appears less important in …
Persistent link: https://www.econbiz.de/10012322505
Ensuring the involvement of private sector creditors in the resolution of sovereign debt crises is crucial to ensure an effective management and orderly resolution of those crises. A review of experience gained in past financial crises suggests that crisis management practices have been largely...
Persistent link: https://www.econbiz.de/10011606184
on 1 May 2004 into the euro area. Most NMS have undergone a rapid and deep transformation in all areas with considerable … the euro area in the process of labour market and institutional reform (their labour market structures are more flexible … than those of the euro area countries). There is also some evidence that a few NMS have a significant degree of business …
Persistent link: https://www.econbiz.de/10011606188