This paper studies the process of business cycle synchronization in the European Union and the euro area. As our … in the core and peripheral members of the euro area. Our analysis of quarterly data covering the first two decades of the … euro area shows that there was a certain synchronization tendency in the first years of the common currency. However, the …

had a significant effect on the price of the Euro. Its novelty is twofold: it is the first study that assesses the impact … of such events on the price of the Euro and employs a relatively large number of these events. The event …-study methodology is used to deduce whether, after a terror event, the value of the Euro declines vs. other major currencies. We found …

The discussion on the necessity of a larger volume of very highly quality liquid assets (VHQLA) in the euro area has … been very extensive. The debate on expanding the pool of comparable euro area assets focuses on "safe assets", often on … various combinations of government bonds, most of which would not entail a strong increase in euro VHQLA. This paper explores …

the US, UK, Euro Zone and BRICS (Brazil, Russia, India, China and South Africa) countries, as a proxy for the measurement … financial crisis (GFC) and Euro Zone crisis (EZC). The intensity of contagion varies depending on its sources. This implies that …