Before the beginning of the euro-area crisis, fees (premiums) for Credit Default Swaps (CDS) for the same entity … (country) but nominated in different currencies were nearly equal. This is still true for non-euro area countries during the … crisis; but these differences increased dramatically for euro-area countries since the beginning of the crisis. For some euro …

This paper analyzes by using a simple theoretical model and thereafter testing empirically the differences between Euro …- and US-Dollar nominated sovereign bonds of euro-area countries during the euro-crisis and concludes that the probability … of collapse of the Euro(-currency) has a significant impact on these differences. Moreover, the empirical analysis …

It is often disregarded that the euro is first of all a public good based on common institutions such the European …

The euro is the second most important global currency after the US dollar. However, its international role has not … increased since its inception in 1999. The private sector prefers using the US dollar rather than the euro because the financial … the attractiveness of the euro outside the euro area requires, among others, a proactive role for the European Central …

The inquiry into the global significance of the euro, which is the second most important currency in the international …’s strategic autonomy. The main obstacles impeding the further internationalisation of the euro include the lack of a sovereign … behind it and the heterogeneity and struc­tural problems of the euro area member states. The international status of the euro …

, the eurozone and beyond. We argue genesis of this crisis lies in the integration negotiations of 1991, ratified in 1992 …. These produced a flawed economic model within the eurozone. Given the seeds of decay were planted at origin; we argue the … solution can be found through a reconstructed eurozone via looser integration, where countries less equipped to deal with the …