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The Euro zone debt crisis has indeed jeopardized the recovery plans put in place post global crisis by regulators …
Persistent link: https://www.econbiz.de/10013082025
Maastricht Treaty criteria and to accept a priori definite course of resigning from national currency for euro currency. After … the fulfillment of required adjustment periods of euro adoption, the European law forces the total departure from national … to introduce the euro, when the country is in good economic condition, confirmed by the fulfillment of nominal …
Persistent link: https://www.econbiz.de/10013074838
The euro is the second most important global currency after the US dollar. However, its inter-national 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/10012825125
This paper examines the evolution of public support for the euro since its introduction as a virtual currency in 1999 … popularity o f the euro. We find that a majority of citizens support the e uro in each individual member country of the e uro a … econometric work demonstrates that unemployment is a key driver of support behind the euro. Given these developments, w e discuss …
Persistent link: https://www.econbiz.de/10012007047
Seven different scenarios for an exit of the euro (zone) are presented. Such an exit is definitely possible by just one …
Persistent link: https://www.econbiz.de/10011852941
irrevocablemente el tipo de cambio de sus monedas con respecto a una unidad de cuenta denominada euro, y el Banco Central Europeo …, con lo cual el euro reemplazó a las monedas nacionales de los once países participantes. En la actualidad pertenecen al … área euro trece países. Este trabajo estudia la experiencia de los primeros años del euro, es decir, desde el comienzo de …
Persistent link: https://www.econbiz.de/10005212294
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/10005014429
In this paper we provide a brief discourse on the theory of optimum currency areas to serve as a basis for constructive criticism of the conceptual framework of the eurozone. With particular reference to the Greek economic crisis, we argue that the very architecture of the EU experiment...
Persistent link: https://www.econbiz.de/10010556628
. 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/10010840171
Transcript of an interview with Roland Vaubel, who discusses the Euro as a creature of politics. He explains the …
Persistent link: https://www.econbiz.de/10010604802