"This book presents a new narrative on the Eurozone crisis. It argues that the common currency has the potential to … kill the European Union, and the conventional wisdom that the Eurozone can be fixed by a common budget and further … the Eurozone or dissolve it while keeping the EU and the single market. Contrary to the view that it would be best if the …

is described using a stochastic regime-switching model; second, the euro area governments’ responses to uncertain … macroeconomic policies in Greece are considered. The model's mechanism and assumptions allow either for a Grexit from the euro area … understand key drivers of the long-winded negotiations between the Syiza government and the euro area governments. …

economic booms in some peripheral Euro-zone countries financed by large capital inflows; the credit and asset price booms and … Latin American audiences. For those Euro-zone countries that built up large Euro-denominated external liabilities, Latin …

of existing national public debts is involved. Instead, the Euro Treasury is established as a means to pool eurozone …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 …

"Discusses how the 2008 financial crisis revealed the shortcomings of the euro and how it has caused Europe's economic …