The massive crisis lingering in the Eurozone for almost 4 years now has been confronted by an enhanced integration of fiscal policies and regulations, an increase in the control mechanisms by EU institutions, and by the creation of ex post crisis management instruments to deal with the severe...

The Eurozone official sector has declared that the belated restructuring of Greek bonds held by private sector creditors in 2012 was a “unique and exceptional” event, never, ever to be repeated in any other Eurozone country. Maybe so. But if this assurance proves in time to be as fragile as...

For hundreds of years, European states have waged war with one another. Only since the XIX century, more than 40 wars (including 3 global wars) have devastated the continent and decimated its population. The European Union has provided the longest period of peace and prosperity that the citizens...

Echoes of History : The International Financial Commission in Greece / Michael Waibel -- The European Debt Crisis : How Did We Get into this Mess? How Can We Get out of it? / Michael C. Burda -- Why the Debt Crisis Led to a Systemic Crisis and How to Escape from it / Ernst-Moritz Lipp -- Legal...