"This book presents a new narrative on the Eurozone crisis. It argues that the common currency has the potential to … kill the European Union, and the conventional wisdom that the Eurozone can be fixed by a common budget and further … the Eurozone or dissolve it while keeping the EU and the single market. Contrary to the view that it would be best if the …

Varoufakis, the former Finance Minister of Greece, shows here that the Eurozone is a house of cards destined to fall without a …, the former Finance Minister of Greece, shows here that the Eurozone is a house of cards destined to fall without a radical …

is described using a stochastic regime-switching model; second, the euro area governments’ responses to uncertain … macroeconomic policies in Greece are considered. The model's mechanism and assumptions allow either for a Grexit from the euro area … understand key drivers of the long-winded negotiations between the Syiza government and the euro area governments. …