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European Monetary Union in Crisis

Author

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  • Stefan Ederer

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.

Suggested Citation

  • Stefan Ederer, 2012. "European Monetary Union in Crisis," Austrian Economic Quarterly, WIFO, vol. 17(2), pages 81-94, May.
    • Handle: RePEc:wfo:wquart:y:2012:i:2:p:81-94
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    File URL: https://www.wifo.ac.at/wwa/pubid/44296
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    Cited by:

    1. Stefan Ederer & Stefan Weingärtner, 2013. "Remapping EMU. On the Future Construction of Economic and Monetary Union. WWWforEurope Policy Paper No. 5," WIFO Studies, WIFO, number 47009.

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