disregarding important macroeconomic imbalances, Euro-monetarists have derailed the entire Eurozone project to such an extent that …1. Eurozone Crises -- 2. An 'Optimal' Currency Area: What Could it Mean? -- 3. Why was the EMU Established?: Different … -- 8. Any Future for the Euro?. …

The drama of the common currency is a hot topic. The Euro was planned for the European Union's member states, bringing … preparation for the foreseeable Euro breakup and confronts the redenomination risk associated to it. …

Macroeconomic adjustment in the euro area periphery was more recessionary than pre-crisis imbalances would have … warranted. To make this claim, this paper uses a Propensity Score Matching Model to produce counterfactuals for the Eurozone … more in the Eurozone periphery than in the standard counterfactual scenario. These results are not dictated by any specific …