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

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 …

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 …

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 …

Low international competitiveness of a set of euro area countries, which have become evident by large current account … analyse the role of private restructuring and public structural reforms for the urgently needed readjustment of intra-euro … intra-euro area competitiveness. This implies that private restructuring and public reforms are rather than public transfers …