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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 …
Persistent link: https://www.econbiz.de/10011107257
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 …
Persistent link: https://www.econbiz.de/10005001820
meisten der elf Euro-Länder derzeit in den Genuss von ungewohnt niedrigen Zinsen, weil die Risikoprämien, die sie den …
Persistent link: https://www.econbiz.de/10005014255
Persistent link: https://www.econbiz.de/10005243456
For Romania, the EU accession and the European symbols – such as the EURO currency – represent both the integration …
Persistent link: https://www.econbiz.de/10005176863
The 2007+ credit crunch and economic crisis put European governments in severe debt, with talk about a Greek partial … European Central Bank as lender of last resort helps to prevent a crisis of confidence. The ECB can create capital and … (ERC) will reduce Greek and Italian debt to 100% of their GDP (using 2010 data). Greece and Italy on their part can have a …
Persistent link: https://www.econbiz.de/10009294940
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 …
Persistent link: https://www.econbiz.de/10010674439
During the European sovereign debt crisis, most countries that ran into fiscal trouble had Catholic majorities, whereas … euro differ between Protestants and Non-Protestants, too. Among Protestants, concerns about the euro have, compared to Non …-Protestants, increased during the crisis, and significantly reduce their subjective wellbeing only. We use the timing of survey interviews …
Persistent link: https://www.econbiz.de/10011289064
During the European sovereign debt crisis, most countries that ran into fiscal trouble had Catholic majorities, whereas … differ between Protestants and Non-Protestants, too. Among Protestants, concerns about the euro have, compared to Non …-Protestants, increased during the crisis, and significantly reduce their subjective wellbeing only. We use the timing of survey interviews …
Persistent link: https://www.econbiz.de/10010519459
with the COVID-19 emergency by shifting Agamben's paradigm of the 'homo sacer' to the 'sacertas' of the Euro. In this frame …, after describing the Euro as a currency (nomisma) lacking in an appropriate nomos to give member states (economic) credit …
Persistent link: https://www.econbiz.de/10012835079