The Ongoing Euro Crisis

Philip Arestis and Malcolm Sawyer ()

Challenge, 2011, vol. 54, issue 6, 6-13

Abstract: The euro crisis has highlighted a range of problems with the "euro project." These problems and difficulties are related to fundamental weaknesses of the euro and the lack of a financially unified European Monetary Union. This short article attempts to explain the original shortcomings of the euro project that led to the euro crisis and the potential solution to them.

Date: 2011
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DOI: 10.2753/0577-5132540601

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