The eurozone has lurched from crisis to calamity. With Greece, Portugal and Ireland driven to the brink of economic catastrophe, and the threat that other EU countries are soon to follow, the consequences for the global economy could be dire. In The Great Eurozone Disaster, Heikki Patomäki...

"From 2009 to 2015, the European Union's (EU) euro area experienced an existential socio-economic crisis. To secure its institutional integrity, the EU designed several new institutions to support member states in need but also to facilitate socio-economic adjustments. The European Stability...

Three years after the birth of the European Monetary Union (EMU) economists are still divided in assessing the ability of its key institutions to provide macroeconomic stability and foster necessary reforms. Blending empirical and theoretical data, experts offer a comprehensive survey of recent...

Urging against adopting the Euro, a French economist articulates the disadvantages of a unified monetary system and suggests that the United States is more likely to split up than Europe is to achieve a lasting union