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 …This paper reviews the performance of the euro area since the euro's launch 20 years ago. It argues that the euro …

depressed euro that boosted German extra-area exports. But the crisis that started in Euroland's so-called periphery has …'s international investment position would also loom. Appreciating Germany's own vulnerability to the euro crisis should help the …This paper investigates Germany's vulnerability to the ongoing Euroland crisis. In 2010-11, Germany experienced a …

example has been cruelly shaken by the EZ (Euro Zone) crisis, originating increasing doubts about the integration process. It … aggravated by the first attack to the international financial crisis, it is not questionable the need of fiscal consolidation in … to its disintegration. Considering the debt crisis as a problem of the PIIGS (Portugal, Ireland, Italy, Greece, Spain …

This paper examines whether the Big Three credit rating agencies actually played as active a role in the Euro Crisis as … the Eurozone crisis in 2009, irrespective of economic and institutional fundamentals. A subsequent analysis of the markup …