Since the introduction of the euro in January 1999, exchange rate stability at the periphery of the euro area is …

from September 2008 until spring 2010; and the euro area sovereign debt crisis from spring 2010 to the current period … the euro area. It has brought unprecedented challenges for the monetary union and triggered extraordinary adjustments in … both monetary policy and institutional arrangements at the euro area level. The purpose of this article is to outline the …

Against the background of the euro area sovereign debt crisis, our paper investigates the relationship between public …, we focus on 12 euro area countries for the period 1990-2010, therefore adding to the current discussion on debt … sustainability in the euro area. Our empirical results suggest that the shortrun impact of debt on GDP growth is positive and highly …

Euro area sovereign debt crisis …

The European Single Market created a common market for millions of Europeans. However, thirty years after its … growth effect that arose from the Single Market. Using the Synthetic Control Method, we establish the growth premium for the … Single Market overall and for its founding members. Broadly in line with the predictions made by Baldwin (1989) at the onset …

growth over the period 1995-2012 across 17 EU (13 euro area) countries and 9 macro-sectors. It also includes information on a …