In light of the handover from the European Central Bank President Mario Draghi to Christine Lagarde in November 2019, this book provides an in-depth analysis of the events which unfolded since the euro area sovereign debt crisis in 2010 up until today. The book focuses on the far-reaching...

Chapter 1. Introduction -- Chapter 2. The Sovereign Crisis, its Aftermath, and How Monetary Policy has Changed -- Chapter 3. The EU’s Crisis Governance vs Populism -- Chapter 4. The Fiscal and Political Implications of the ECB’s Non-Conventional Roles -- Chapter 5. The Growing Challenge of...

"In the EU experience, the very concept of union was formally used for the first time in the preamble of the 1957 Rome Treaty establishing the European Economic Community (EEC), when the signatory states expressed their determination "to lay the foundations of an ever-closer union among the...

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...