The inquiry into the global significance of the euro, which is the second most important currency in the international …’s strategic autonomy. The main obstacles impeding the further internationalisation of the euro include the lack of a sovereign … behind it and the heterogeneity and struc­tural problems of the euro area member states. The international status of the euro …

The euro is the second most important global currency after the US dollar. However, its international role has not … increased since its inception in 1999. The private sector prefers using the US dollar rather than the euro because the financial … the attractiveness of the euro outside the euro area requires, among others, a proactive role for the European Central …

, the eurozone and beyond. We argue genesis of this crisis lies in the integration negotiations of 1991, ratified in 1992 …. These produced a flawed economic model within the eurozone. Given the seeds of decay were planted at origin; we argue the … solution can be found through a reconstructed eurozone via looser integration, where countries less equipped to deal with the …

euro, from the inception of the currency in 2002 through to 2013. An original applied statistical approach searches for a … points in time of the euro integration process. These hypotheses are tested using the rigour of a bivariate analysis and the … labour productivity. The paper concludes that in the last decade the convergence of countries sharing the euro has been …

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 …