measures. We argue that these unconventional monetary policy measures created soft budget constraints for the Eurozone …

Soon, euro area membership could more than double, with the vast majority of accession countries being quite different … political economy perspective, including a potential conflict with the established voting rights of current euro area member …

the euro-area crisis. But it did not deal with the fundamental incompleteness of the European monetary union. As such, it …

The very expansive and unconventional monetary policy of the ECB reduced the tensions of the Euro debt crisis at the … uncertainties. Significant structural reforms have been implemented in most stressed Euro countries which will most likely increase …