the euro which has shown the weaknesses of the European institutions and stressed the heterogeneity of member countries …. The global financial crisis struck the euro area very severely because it coincided with the lack of appropriate policy … euro. In the following section it describes the euro crisis and examines the remedies put in place, noting that despite the …

Seit seiner Einführung am 1. Januar 1999 hat der Euro über ein Viertel seines Außenwertes verloren. Nachdem alle auf …, hat die These, dass die Schwäche darauf beruht, dass es bisher nur einen virtuellen Euro gibt, an Glaubwürdigkeit gewonnen … Finance« zu erklären. Aus der Sicht dieser Theorie könnte die Bargeldeinführung zum Vorteil des Euro ausschlagen, aber mit …

French taxpayer. In the aftermath of the devaluation of the Franc CFA in 1994, and of the peg of the currency to the Euro in …

current monetary unions, especially the euro. Each successive annual edition of this book will be priced in the remaining …

symbols – such as the EURO currency – represents both the integration into a strong and efficient economic system, but also … elements concerning Romania’s accession to the EMU and finally the EURO adoption: Romania’s actual macroeconomic situation, the … optimum sequencing of the Euro adoption and the envisaged official calendar for the EURO adoption. …

governments and a lack of political leadership of the European institution , while the governance of the euro area has been … Council, named the ‘Pact for the Euro’, to design a new governance of the EMU, can be considered a fairly significant step for … framework set by the Pact for the Euro, underlines the need for appropriate institutions and a stronger attitude to cooperate …

recent decisions by European Council taken in March 2011, named the ‘Pact of the Euro’, to design a new governance of the EMU … resolution principles and procedures, economic policy framework to the Member States of the euro area, although several questions … remain open. The present work seeks to investigate the causes of the crisis of the euro area and review the debate about the …