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The current state of affairs in the euro area (EA) instills hope in economic recovery but also substantial concern. The …
Persistent link: https://www.econbiz.de/10010241344
Niedrige oder sogar negative Realzinsen bestimmen seit Beginn der Krise die Kapitalmärkte in der Eurozone. Davon …. Therefore, financial repression is not a “cure” for the high public debts amassed in the euro area during the recent sovereign … debt and banking crisis. Furthermore, the high sovereign debts in the euro area may threaten economic development and …
Persistent link: https://www.econbiz.de/10010200378
eurozone. …
Persistent link: https://www.econbiz.de/10011428854
Substantial structural reforms have been taken on labour and product markets by stressed euro area countries since 2008 … structural reforms have reduced the heterogeneity between euro area countries in terms of market rigidities. Moreover, wage and … be detected that wage flexibility has already increased in southern euro area countries. …
Persistent link: https://www.econbiz.de/10010480300
Griechenlands Zahlungsprobleme gefährden offensichtlich nicht die Stabilität der Eurozone, obwohl seine …Greece’s financial difficulties apparently do not endanger the stability of the eurozone, nor is Greek debt …
Persistent link: https://www.econbiz.de/10010520813
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 …
Persistent link: https://www.econbiz.de/10010241354
the basis of a basket consisting of the euro and the new currency. In the remaining eurozone countries, the relative … Wissenschaftler fürchten, dass in diesem Fall die Eurozone Schaden nimmt oder sogar zusammenbricht. Wie ein erfolgreicher Austritt …The exit of a member state from the eurozone is often depicted as a catastrophic event that would lead to …
Persistent link: https://www.econbiz.de/10010344155
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 …
Persistent link: https://www.econbiz.de/10010241342
Die Krise der Europäischen Währungsunion ist durch den Konflikt um das Hilfsprogramm für Zypern im März 2013 erneut aufgeflammt. Nach einem gescheiterten Anlauf haben die Finanzminister der Euroländer nunmehr eine ordnungspolitisch vertretbare Lösung gefunden. Ihre Vorgehensweise hat...
Persistent link: https://www.econbiz.de/10009728361
The internal imbalances in the euro area are often cited as one of the main reasons for the crisis there. The surpluses …, especially those of Germany, correspond to the deficits in the euro area problem countries - Greece, Italy, Ireland, Spain and … China, not Germany, are the main concern for euro area problem countries. The reasons for this development were the strong …
Persistent link: https://www.econbiz.de/10010228393