This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their … significantly endogenous. At the same time, to assess the relative dominance of Germany, the features against Germany are compared … remarkable convergence with Germany and across the states but also relative convergence with US. On economic erformance, results …

shares the same currency with Germany, the de facto center country of eurozone, findings indicate that problems in Greece …This paper explores primarily the level of international competitiveness of Greece and the degree of fit between the … conditions prescribed by the optimal currency areas (OCA) theory with the actual situation in Greece. Given that Greece now …

outcome of fiscal shocks is strongly related to debt levels. The Euro-area countries included in the investigation are Greece …, Ireland, Italy, the Netherlands, Spain, and Portugal, over the sample period 1999-2016, i.e., the EMU period. The main … (And Should) Germany Do It? Spillovers of German Fiscal Policies in the Euro Area -- 7 The labor market outcomes of …

hawks is unequivocal confirmation of the ECB as lender-of-last-resort for Italy and Spain. However, Germany's leaders are …The eurozone, composed of 17 countries which have adopted the euro as their currency, has been struggling with an … the housing boom in the past global recession of 2007-09. “Fiscally-distressed” countries now include Italy and Spain …