The current state of affairs in the euro area (EA) instills hope in economic recovery but also substantial concern. The …

European sovereign debt crisis. Their strong influence is likely due to the importance given to credit ratings by financial …

Probleme zu überwinden, bedarf es einer vertieften monetären Integration sowie einer Finanzmarktordnung für den Euro …

Staat und seinen regionalen Gebietskörperschaften das Recht einzuräumen, Geld zu schöpfen. …

debt and banking crisis. Furthermore, the high sovereign debts in the euro area may threaten economic development and …Niedrige oder sogar negative Realzinsen bestimmen seit Beginn der Krise die Kapitalmärkte in der Eurozone. Davon … high public debts. Financial repression has allegedly played an important role in the impressive reduction of the US debt …

In the first years of the eurozone debt crisis, European governments were busy struggling to achieve short … the long-term institutional structure of the eurozone? This paper argues that the economic situation in the periphery … challenge is to avoid a situation in which national control over fiscal policy is combined with mutualisation of government debt. …

European policies imposed in the euro crisis have disabled democratic policy choices at the national level, while the … present European euro-rescuing regime lacks democratic legitimacy. But policy choices might now become politicised in the …

to address these deficiencies, the authors propose to change the contractual terms of the euro area's sovereign debt …Die Schuldenkrise in der EWU hat immer wieder Forderungen nach einer stärkeren Gemeinschaftshaftung hervorgebracht, was …The financial and sovereign debt crisis revealed major shortcomings in the regulatory framework of the European …