The European debt crisis triggered a debate on the lacking components of the EU and EMU integration architecture. Many believe that a common currency requires closer fiscal and political integration as a condition for its survival. This opinion is not necessarily supported by the experience of...

In dem Beitrag werden die Gründe für den Zerfall der Rubelzone in der früheren UdSSR, die einzelnen Etappen dieses Desintegrationsprozesses und dessen makroökonomischen Folgen dargestellt und analysiert. Die in den Jahren 1992 bis 1994 unternommenen - letztendlich erfolglosen - Versuche zur...

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 Central Bank has been successful in keeping inflation at a...