The present paper examines the impact of the current fiscal crisis in the euro area on the Greek banking system and the … in the euro area on the Greek banking system and the measures adopted to safeguard its stability from 2008 (amidst the … fiscal crisis in the euro area). (b) The following Section 2 overviews the main elements of the current institutional …

lessons learned in the global financial crises and the Eurozone debt crises, there's an increasing role of macroprudential …

empirically shows that the central counterparty (CCP)-based euro interbank repo market features this stability. Using a unique and …

complement—a digital euro—becomes increasingly necessary. Accordingly, the article concludes that the ECB is both entitled and … obliged de lege lata to issue a digital euro on the basis of Article 128 TFEU. It further explains that neither tangible cash … nor a digital euro can simultaneously be used as instruments in themselves to maintain price stability …

The euro is the second most important global currency after the US dollar. However, its international role has not … increased since its inception in 1999. The private sector prefers using the US dollar rather than the euro because the financial … the attractiveness of the euro outside the euro area requires, among others, a proactive role for the European Central …

The single currency of the Eurozone is experiencing difficulties due to a number of factors. One is the lack of … system, both in terms of currency problems and debt. While Greece, Italy and Portugal loom large on the Eurozone horizon of …

This paper develops a theoretical model which replicates main features of the euro overnight interbank market and the …

We measure the relative role of sovereign-dependence risk and balance sheet (credit) risk in euro area interbank market …