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Austria, Finland and Sweden became members of the EU in 1995. This paper examines how support for the euro and trust in …. Support for the euro in the two euro-area members Austria and Finland has remained high and relatively stable since the … physical introduction of the new currency nearly 20 years ago, while the euro crisis significantly reduced support for the euro …
Persistent link: https://www.econbiz.de/10013208882
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 …
Persistent link: https://www.econbiz.de/10013270943
. It finds that political mishandling has increased uncertainty, which has contributed to a tendency for the euro to become …
Persistent link: https://www.econbiz.de/10010397341
Seit seiner Einführung am 1. Januar 1999 hat der Euro über ein Viertel seines Außenwertes verloren. Nachdem alle auf …, hat die These, dass die Schwäche darauf beruht, dass es bisher nur einen virtuellen Euro gibt, an Glaubwürdigkeit gewonnen … Finance« zu erklären. Aus der Sicht dieser Theorie könnte die Bargeldeinführung zum Vorteil des Euro ausschlagen, aber mit …
Persistent link: https://www.econbiz.de/10011691762
This paper deals with the question of what impact membership of the European Monetary Union (EMU) has had on small … European states. We will also analyze whether or to what extent a large number of small member states affect the EMU itself … the EMU, production structure, foreign trade policy, and stability readiness. However, they do share some characteristics …
Persistent link: https://www.econbiz.de/10010311678
economic fundamentals of Euro area member countries have not harmonized. The opposite holds: the Euro core countries - most of … international competitiveness. Although the overall balance of payments for the Euro area at large is almost balanced, internal … disequilibria are skyrocketing and default risk premiums and tensions within the Euro area are rising, thus jeopardizing the …
Persistent link: https://www.econbiz.de/10008695492
TARGET2 ist seit gut einem Jahr Zielscheibe massiver akademischer Kritik. Wir legen dar, dass TARGET2 keiner Veränderungen bedarf. Die Salden sind keine echten Kredite und sollten nicht als solche betrachtet werden. Die zugrunde liegenden ökonomischen Probleme sind weder hinreichend noch...
Persistent link: https://www.econbiz.de/10009526257
the EMU, in no case should cutbacks be made for small countries concerning the stability requirements. -- Euro ; European …This paper deals with the question of what impact membership of the European Monetary Union (EMU) has had on small … European states. We will also analyze whether or to what extent a large number of small member states affect the EMU itself …
Persistent link: https://www.econbiz.de/10009487855
Persistent link: https://www.econbiz.de/10010381714
The aim of the euro was to speed up the integration process and economic development in Europe. History of euro showed … research showed that Europe have not been and is even not today the optimal currency area. The architecture of the EMU was … states. Therefore common interests in euro area were not enough protected. Last global financial and economic crisis showed …
Persistent link: https://www.econbiz.de/10013114424