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 …

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 …

and empirical perspectives on the euro crisis from a macroeconomic viewpoint. The contributions have been selected after … the Macroeconomics Workshop: “The euro crisis: Where do we stand?” organized by the University of Strasbourg, the Bureau … of Economic Theory and Applications (BETA-CNRS) and the ERMEES research team. Besides, the ERMEES research team is an …