of the euro area. For this purpose, we differentiate between the departure of weak and strong countries, and examine the …

We analyze the benefits and costs of a non-euro country opting-in to the banking union. The decision to opt-in depends …, non-euro countries participating in the banking union will not be on equal footing with euro area members. Analysis …-capitalized backstops is established it may be optimal for a non-euro country to join the banking union upon the euro adoption. Assessing …

We analyze the benefits and costs of a non-euro country opting-in to the banking union. The decision to opt-in depends …, non-euro countries participating in the banking union will not be on equal footing with euro area members. Analysis …-capitalized backstops is established it may be optimal for a non-euro country to join the banking union upon the euro adoption. Assessing …

exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro …

exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro …

Interim Report are systematically evaluated. We also deal with different governance visions emerging from the ongoing euro … area crisis and starts from different views of the ‘North and the South’ of the euro area on this issue. This contribution …

exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro …