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Completing the Monetary Union of Europe as mid-term solution of the Euro crisis

Justina A. V. Fischer and Francesco Pastore

MPRA Paper from University Library of Munich, Germany

Abstract: This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality. Finally, the important role of mid-left parties is highlighted.

Keywords: Europe; Euro; Greece; Germany; IMF; Monetary Union (search for similar items in EconPapers)
JEL-codes: E12 E62 F15 F16 F33 F55 H12 H50 H63 O42 O43 (search for similar items in EconPapers)
Date: 2015-07-11
New Economics Papers: this item is included in nep-eec, nep-mac and nep-mon
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Working Paper: Completing the Monetary Union of Europe as Mid-term Solution of the Euro Crisis (2015) Downloads
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