This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …

economic fundamentals of Euro area member countries have not harmonized. The opposite holds: the Euro core countries - most of … international competitiveness. Although the overall balance of payments for the Euro area at large is almost balanced, internal … disequilibria are skyrocketing and default risk premiums and tensions within the Euro area are rising, thus jeopardizing the …

economic booms in some peripheral Euro-zone countries financed by large capital inflows; the credit and asset price booms and … Latin American audiences. For those Euro-zone countries that built up large Euro-denominated external liabilities, Latin …

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 …