<i> Dalla credibilità alla speculazione: la crisi del 1992-93 del Sistema monetario europeo </i> (di Pompeo Della Posta) - ABSTRACT: We consider the events that from the creation of the European Monetary System (EMS) lead to the 1992-93 crisis. The adoption of the Single European Act imposed the...

The global financial and economic crisis has brought about many effects that are still difficult to interpret univocally. This book studies the consequences of the crisis on Europe by examining the effects on the European institutional setup, governance and architecture and by studying in detail...

In the revised monetary policy strategy of the European Central Bank (ECB), "price stability is best maintained by aiming for two per cent inflation over the medium term", with "symmetric commitment" to this target. "Symmetry means that the Governing Council considers negative and positive...

The lesson of the sovereign debt crises of the 2010s, and of the outbreak of the COVID-19 pandemic is that EMU irreversibility, if not to remain a wishful statement in the founding treaties, necessitates to be completed by carefully designed ramparts for extraordinary times beside regulations...