After reviewing the main determinants of the current Eurozone crisis, this paper discusses the feasibility of … austerity measures in order to abide by their commitments with Eurozone institutions and the IMF. We show that the introduction … of fiscal currencies would speed up the recovery, without violating the rules of Eurozone Treaties. At the same time …

do not determine the current account balance, bilateral capital flows between member countries of the eurozone are not … Germany for being responsible for the current eurozone crisis are not supported by the data. Furthermore, current accounts are … of the euro crisis. …

to be a key indicator of the internal imbalances of the eurozone. German current account surplusses are confronted with …

-causality testing (Granger, 1969). Results are not homogeneous for all the Euro-zone countries included in the sample. Evidence of … set of six Eurozone countries – three core countries (Austria, Finland and Germany) and three peripheral countries (Greece …

Long- and short-run current account balance (CAB) determinants of the nineteen Eurozone (EZ) member states vis …

This paper compares financial assistance programmes of four euro-area countries (Greece, Ireland, Portugal, and Cyprus …) and three non-euro-area countries (Hungary, Latvia, and Romania) of the European Union in the aftermath of the 2007 … a currency union in the case of euro-area countries. We evaluate the programmes by assessing their success in creating …

it is analysed the stability of the Romanian leu/euro exchange rate in the context of Romania's goal to join the eurozone. …