Bank (ECB) cannot outperform its national predecessors, as the euro area countries experience different business cycles yet …Twenty years after the introduction of the euro, this Weekly Report uses an empirical analysis to assess the … unable to counter long-term macroeconomic imbalances. To protect euro area countries from crises more effectively, priority …

, it often serves as a reference in assessing the opportunity of adopting the euro for the candidate countries. Based on … the optimum currency area criteria, the paper focuses on the euro area experience, and identifies some specific features … at the European level, challenges that require a viable reform for euro area in the near future. …

Twenty years of euro history confirms the euro's stability and position as the second global currency. It also enjoys … the support of majority of the euro area population and is seen as a good thing for the European Union. The European …

supranational unemployment insurance scheme. The model is calibrated to the euro area's core and periphery and features a rich …

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 …

proposing a theory-based index of exchange market pressure within the euro area. We argue that the euro area entails an inherent …

theory-based index of exchange market pressure within the euro area. We argue that the euro area entails an inherent policy …

productivity. Finally, we discuss Eurozone imbalances, suggesting that Eurozone institutions adopt new rules to keep the interest …

The 30-year old Maastricht Treaty on European Union (EU) is based on the political vision that a stable euro requires …-sharing. The challenge for the future will be to balance the need to stabilise the eurozone with the need for fiscal discipline …