market. They launched the European Monetary Union and implemented a new cross-border currency, the euro.This event was … unprecedented in monetary history. This article deals with the macro-economic effects of euro implementation. First, it considers … examines the internal economic implications for countries both within and outside of the new euro-currency zone …

For Romania, the EU accession and the European symbols – such as the EURO currency – represent both the integration …

economic policies which insist on the assumption that excessive public expenditures is to be blamed for the crisis and try to … heel it by hysteric savings. In reality, the crisis was created by long lasting redistribution of GDP, hyper production … threaten only the Europe 2020, they threaten the sole existence of the EU. Euro, for many years the most prestigious element of …

The rules of the Eurozone cause the euro to function as the gold standard. The US economy performs better in some … earlier proposal the ECB can create funds to redress debt. Notably, 400 billion euro can be created and invested in bank … of Greece and Italy. Their participation in the Eurozone was a political decision and thus the Eurozone must bear the …

in the empirical analysis consist of daily observations of implied volatilities for OTC options on the euro, Japanese yen …, the results indicate that the euro is the dominant currency, as the implied volatility term structure of the euro is found … to affect all the other volatility term structures, while the term structure of the euro appears to be virtually …

of the demand for euro and some possible implications of EMU for the international monetary system. …

that the euro triggered product but neither labour nor financial market reforms. Differently from previous studies, we find … that: (a) the Single Market has similar effects to the euro, and (b) sectoral heterogeneity appears less important in …

empirical grounds for the claim that a decrease in real wages resulting from a currency regime crisis will result in improved …, such as the eurozone crisis. …