This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …

Well-functioning economic structures are key for resilient and prospering euro area economies. The global financial and … sovereign debt crises exposed the limited resilience of the euro area's economic structures. Economic growth was masking … underlying weaknesses in several euro area countries. With the inception of the crises, significant efforts have been undertaken …

Well-functioning economic structures are key for resilient and prospering euro area economies. The global financial and … sovereign debt crises exposed the limited resilience of the euro area’s economic structures. Economic growth was masking … underlying weaknesses in several euro area countries. With the inception of the crises, significant efforts have been undertaken …

Over recent years, several euro area countries have registered large and persistent net foreign liabilities. This paper …) programme countries and, to a lesser extent, the euro area countries in central and eastern Europe. The net foreign liabilities … external positions of the euro area debtor countries are relatively low at the current juncture, although the burden could …

This paper analyses the incidence and severity of sudden stops in euro area countries before and after the introduction … stops, we document that sudden stops were overall more frequent and more severe in euro area countries compared to other … euro area countries to severe sudden stops mainly reflects domestic fundamentals whereas there is no clear evidence of an …

This paper analyses the incidence and severity of sudden stops in euro area countries before and after the introduction … stops, we document that sudden stops were overall more frequent and more severe in euro area countries compared to other … euro area countries to severe sudden stops mainly reflects domestic fundamentals whereas there is no clear evidence of an …

The shift of perspective from a national basis to a Euro area basis, inevitably induced by EMU, has led member … countries to a parallel shift from equity home bias to equity Euro bias. We interpret this evidence by means of a standard mean …

Eurozone and even speculation that the euro might break up. Against this background this paper sets out to re-examine the Hard …In 2009 the euro entered a crisis from which it has yet to emerge. It has led to increased social tensions across the … 1992 and led to the euro. Unlike previous scholarship on the Hard ECU this paper is now in a position to compare the scheme …

euro area. This paper proposes a new explanation for the imbalances which led to the 2009 euro crisis i.e. large interest … rate differentials among the EMU-12 countries which prevailed before the adoption of the euro. This finding suggests that … the euro crisis was, at least to some extent, a consequence of the initial convergence shock …

-border mergers and acquisitions in the EURO zone, by analysing a total sample of 980 transactions occurred between 2001 and 2010 in … the 13 EURO zone original member countries, 218 of which are cross-border operations.Nevertheless, and unlike the previous …