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Is the European Community facing a fresh financial crisis?
Stahl, Gerhard - In: Intereconomics : review of European economic policy 27 (1992) 2, pp. 57-61
Persistent link: https://www.econbiz.de/10001121480
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Cohesion and fiscal federalism : the European experience
Molle, Willem - In: The European Union review 2 (1997) 2, pp. 61-85
Persistent link: https://www.econbiz.de/10001240142
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Going forward from B to A? : proposals for the Eurozone crisis
Amato, Massimo; Fantacci, Luca; Papadimitriou, Dimitri Basil - In: Economies : open access journal 4 (2016) 3, pp. 1-14
After reviewing the main determinants of the current Eurozone crisis, this paper discusses the feasibility of introducing fiscal currencies as a way to restore fiscal space in peripheral countries, such as Greece, which have so far adopted austerity measures in order to abide by their...
Persistent link: https://www.econbiz.de/10011542675
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Is the European Community facing a fresh financial crisis?
Stahl, Gerhard - In: Intereconomics : review of European economic policy 27 (1992) 2, pp. 57-61
The further development of the European Community that has been decided at the Maastricht summit will be impossible to realize without a significant increase in the EC budget and an adjustment to the financing system. What will be the additional financing requirement? How could the Community's...
Persistent link: https://www.econbiz.de/10011546947
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Medium-term financial planning: an answer to Community budget crises?
Stahl, Gerhard - In: Intereconomics : review of European economic policy 24 (1989) 1, pp. 36-40
In June 1988 the Council, the European Parliament and the Commission concluded an “Interinstitutional Agreement on Budgetary Discipline and Improvement of the Budgetary Procedure”. A key element of the agreement is a commitment to medium-term financial planning for the Community for the...
Persistent link: https://www.econbiz.de/10011549237
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Modelling monetary and fiscal governance in the wake of the sovereign debt crisis in Europe
Herzog, Bodo - In: Economies : open access journal 4 (2016) 2, pp. 1-11
This paper analyzes different government debt relief programs in the European Monetary Union. I build a model and study different options ranging from debt relief to the European Stability Mechanism (ESM). The analysis reveals the following: First, patient countries repay debt, while impatient...
Persistent link: https://www.econbiz.de/10011499402
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Structural reforms in the EU : policy prescriptions to boost productivity
In: Intereconomics : review of European economic policy 50 (2015) 5, pp. 240-273
Productivity-enhancing structural reforms are crucial to the economic prospects of the EU. Indeed, such reforms are … best suit each country’s situation. This Forum examines specifi c barriers to enhanced productivity within the EU and puts … forth policy proposals to offset the secular slowdown apparent in advanced economies and take better advantage of the EU …
Persistent link: https://www.econbiz.de/10011346696
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What drives the responsiveness of the budget balance to the business cycle in EU countries?
Mourre, Gilles; Poissonnier, Aurélien - In: Intereconomics : review of European economic policy 54 (2019) 4, pp. 237-249
The European Commission methodology for computing the cyclically adjusted government budget balance provides a robust measurement of the fiscal position of the Member States. The fiscal semi-elasticities at the core of this method are structural parameters, mostly of fiscal nature, not linked to...
Persistent link: https://www.econbiz.de/10012037523
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Time to change budgetary priorities in the eurozone
De Grauwe, Paul; Ji, Yuemei - In: Intereconomics : review of European economic policy 54 (2019) 5, pp. 285-290
With the spectre of a recession looming in the eurozone (and elsewhere), the policy question arises as to how much leeway do the fiscal authorities in the eurozone have to follow counter-cyclical fiscal policies aimed at providing some stimulus to the economy.
Persistent link: https://www.econbiz.de/10012124569
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Reflections on the Euro Area fiscal stance
Kamps, Christophe; Cimadomo, Jacopo; Hauptmeier, Sebastian - In: Intereconomics : review of European economic policy 52 (2017) 3, pp. 125-131
Persistent link: https://www.econbiz.de/10011661277