the Euro has replaced the national currencies. This situation has caused concern from the very beginning. Unless achieving … harmonization on application of monetary and fiscal policies, there might be problems on economic activities. Euro which has emerged … down for monetary union by the countries that are included in the euro area in the European Unions enlargement process …

some light on the potential legal options available to the ECB, should another debt crisis in the euro area materialise …

; Eurozone ; Maastricht Treaty ; European Central Bank ; Euro ; Fiscal union … quasi-fiscal rescue operations can undermine this consensus and lead to a disintegration of the Eurozone. There are also …

supranational monetary union. Finally, I develop policy recommendations for the ongoing debate in the Eurozone. …

quasi-fiscal rescue operations can undermine this consensus and lead to a disintegration of the Eurozone. There are also …

the issues and the implications of potential Euroexit and Euro break up: it underlines that these processes would have a … prominent political dimension, as was the case for the creation of the euro. A complex-system network approach is adopted to … examine the principal vulnerabilities of the single currency without a state. The euro is at the center of an economic and …

the common currency has not a uniform effect on the bond yields and there is a nominal convergence between Eurozone bond … finding implies the necessity for a common monetary and fiscal policies in Euro zone countries …

the convenience yield on European-wide safe assets, the EDMA could issue up to 15 percent of euro area GDP, helping to put … national debts on a sounder trajectory. The analysis suggests that, without mutualization, some euro area countries are likely …

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

(LCU) the pre-Euro current currency on a crawling peg exchange regime to the Euro and that it will b) introduce a “risk …20 years after the Maastricht Treaty, the Euro Zone (EZ) is on the brick of disaster because some of the EZ countries … higher inflation originated the accumulation of massive external deficits. Now the Euro has been converted in a straitjacket …