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The euro crisis remains unresolved even as financial markets may seem calm for now. The current euro regime is … the euro are assessed and found lacking. A "Euro Treasury" scheme operating on a strict rule and specifically designed not … to be a transfer union is proposed here as a condition sine qua non for healing the euro's potentially fatal birth …
Persistent link: https://www.econbiz.de/10010204687
Union (EMU) ; Euro ; seignorage ; seignorage pooling ; seignorage change ; pool bias …
Persistent link: https://www.econbiz.de/10009491053
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 …
Persistent link: https://www.econbiz.de/10013097498
Persistent link: https://www.econbiz.de/10013436249
The financial crisis in Europe has resulted in a new assessment of monetary and financial integration both in Europe and in Asia. Before the current crisis, regional integration in monetary and fiscal affairs including mechanisms to stabilize exchange rates enjoyed a lot of academic and...
Persistent link: https://www.econbiz.de/10010367480
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 …
Persistent link: https://www.econbiz.de/10012265943
Austria, Finland and Sweden became members of the EU in 1995. This paper examines how support for the euro and trust in …. Support for the euro in the two euroarea members Austria and Finland has remained high and relatively stable since the … physical introduction of the new currency nearly 20 years ago, while the euro crisis significantly reduced support for the euro …
Persistent link: https://www.econbiz.de/10012269193
Persistent link: https://www.econbiz.de/10009619588
We provide an early assessment of the Juncker Commission's contributions to the ongoing reform of the euro area. In … doing so, we present a chronological summary of the reform process up to 2014. At the time, the euro area architecture had … support for the common institution. The Juncker Commission faced a Sisyphean task. A slow bur steady euro areawide economic …
Persistent link: https://www.econbiz.de/10012167291
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …
Persistent link: https://www.econbiz.de/10011308548