European Monetary Union in Crisis

Stefan Ederer

Austrian Economic Quarterly, 2012, vol. 17, issue 2, 81-94

Abstract: So far it has not been possible to solve the crisis of the European Monetary Union. In recent months it has worsened increasingly and is now placing a drag on global economic activity. A comprehensive solution to the crisis would include the establishment of joint liability for government debt in the euro area, measures to stabilise the economy and ensuring long-term stability of government debt.

Keywords: World; Business; Cycle; World; Economy; Euro; Crisis (search for similar items in EconPapers)
Date: 2012
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