finanzschwachen Ländern - mit Ausnahme von Griechenland - nicht nachweisen. Daher sollte von dem zu einseitigen Blick auf die …

must be addressed. As nations cope with the resulting fiscal imbalances, they will also be dealing with longer-term fiscal …

financial crisis of 2007-08. The paper also maintains that the eurozone could avoid cumulative imbalances by adopting John …Conventional wisdom suggests that the European debt crisis, which has thus far led to severe adjustment programs … crafted by the European Union and the International Monetary Fund in both Greece and Ireland, was caused by fiscal profligacy …

After reviewing the main determinants of the current eurozone crisis, this paper discusses the feasibility of … introducing fiscal currencies as a way to restore fiscal space in peripheral countries, like Greece, that have so far adopted …

After reviewing the main determinants of the current Eurozone crisis, this paper discusses the feasibility of … introducing fiscal currencies as a way to restore fiscal space in peripheral countries, such as Greece, which have so far adopted …