This paper studies the spillover effects of the ECB's monetary policies on non-euro area countries over the period 2004 … proxied by short-term interest rates and the Wu and Xia's (2016) shadow rates in the euro area, the US and the UK …. Identification is performed via a Cholesky decomposition in the euro area only. An increase in the euro area shadow interest rate …

with the COVID-19 emergency by shifting Agamben's paradigm of the 'homo sacer' to the 'sacertas' of the Euro. In this frame …, after describing the Euro as a currency (nomisma) lacking in an appropriate nomos to give member states (economic) credit …

with a particular focus on the impact of the euro area crisis. Research Design & Methods: The study is conducted for the 28 …, the condition of the banking sector seems to have gained in importance after the outbreak of the euro area crisis and … remained high in the post-crisis years. At the same time, the status of being a euro area member, which negatively affected …

the rate of monetary and financial systems integration deployed within the Euro area is not sustainable in the long run …. Instead of acting as a buffer against external shocks and internal imbalances within the Euro area, the common currency has … a disorderly unwinding of the Euro area over time and the accumulation of significant long-term economic costs of …