Aus der Sicht der Gewerkschaften bietet sich jetzt die Chance, europaweit frühzeitig Umweltverschmutzung zu begrenzen. Allerdings ist diese Begrenzung nur möglich, wenn sich die Europäischen Gemeinschaften nicht mit dem Verweis auf die Unterschiede in den beteiligten Industrien auf dem...

This study shows that the origins of the sovereign debt crisis within the euro area are to be found within the private sector and in economic policy mistakes rather than only in the profligacy of some national governments in the Southern periphery of Euroland. Sovereign debtors and their private...

The paper argues that the Greek debt crisis, as well as those of other Southern European countries and Ireland, has to be seen in macroeconomic context. The sum of the public sector balance, the (domestic) private sector balance and the current account deficit (or equivalently: the capital...

The creation of EMU raises the question whether the common monetary policy has the same impact in all member countries. We analyse the convergence of interest rates in four major EMU countries from 1999 to 2007. We suggest to test the convergence of the interest rates with the full term...