This paper reviews the performance of the euro area since the euro's launch 20 years ago. It argues that the euro … crisis has exposed existential flaws in the euro regime. Intra-area divergences and the corresponding buildup of imbalances … unemployment continue to plague euro crisis countries. Its huge current account surplus highlights that the euro currency union …

Economic analyses largely ignore Europe's fragmented public sphere, a feature that distinguishes the euro area from … identifying the key crisis-related topics in articles from four opinion-forming newspapers in the largest euro-area countries … considers where blame for the crisis has been laid with the aim of informing the current debate on euro-area governance reform …

The European Central Bank (ECB) took many measures to combat the eurozone's rolling financial crisis. For providing … desperately scarce dollars to eurozone banks, the ECB relied on the U.S. Federal Reserve. Using a novel econometric framework, we … October 2009 and September 2012, the most intense phase of the eurozone crisis. Dollar liquidity clearly reduced stress in …