Euro Zone Crisis: Diagnosis and Likely Solutions
16 Pages Posted: 19 Mar 2014 Last revised: 29 Apr 2014
Date Written: February 27, 2014
This brief provides a short guiding tour to the Euro zone crisis. It looks at the current situation, the context in which the zone has to deal with such a situation, the way we got here, and the possible way out. The latter outlines a set of minimum steps required to make the euro sustainable.
Keywords: Euro Crisis, Stabilization in Monetary Unions, Banking Union, Lender of Last Resort, Fiscal Discipline
JEL Classification: E6, F3, G2, H3
Suggested Citation: Suggested Citation