We study convergence and divergence dynamics in a sample of EMU countries by assembling an extensive dataset that …, increasing convergence with the core Euro countries. However, the debt crisis dramatically worsened citizens’ perceptions of …

, die die Mitgliedstaaten mit den verbliebenen Mitteln nicht ausgleichen können. Und obwohl die internationale Finanzkrise …

seems as if there is an alternative. But what? The Eurozone is in a deep and prolonged crisis. It is now clear that monetary … source of the Eurozone crisis -- The stock-flow quandry of the EMU -- European and global inability to deal with external …