The success of European monetary integration-what the editors of this CESifo volume call "one of the most far-reaching, real world experiments in monetary policy to date"-is not assured. Policy makers have been forced to deal with challenges posed by formulating a uniform monetary policy for...

Why is the policy of no alternatives so dangerous? -- What does "crisis policy" mean and why do its consequences have a disintegrative effect? -- What are the costs of the low interest rate policy? -- How much was the debt relief for Greece really? -- To what extent do national additional money...

Where is a liability union already evident today? -- To what extent is the reconstruction fund the blueprint for a fiscal-centralist European Monetary Fund? -- Is debt relief coming? -- Are Greek "geuros" and Italian "minibots" as government money the solution? -- Why are national parallel...